Lucy Fisher

Lucy Fisher is a British political journalist serving as Whitehall Editor at the Financial Times and host of the FT’s Political Fix podcast. She previously held senior political and defence reporting roles at Times Radio, The Telegraph, The Times, and The Sunday Times, and is also an author and associate fellow at RUSI.

Brexit’s Economic Costs Are Pushing Britain Back Toward Europe

FT journalists on Political Fix argue that, a decade on, Brexit’s costs are no longer mainly hypothetical: they cite estimates of a 4 to 8 per cent hit to GDP, weaker investment, sterling’s lasting fall and higher borrowing costs as evidence that leaving the EU reduced Britain’s economic capacity. George Parker, Katie Martin, Delphine Strauss and Stephen Bush also contend that the political damage has been to entrench grievance politics while making a return to full EU membership unlikely; the more plausible path, they say, is a slow, constrained move towards closer European ties.

Financial TimesJun 27, 202625 min read