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Parliament should make it clear by how much Brexit will impoverish the UK.

Submitted on Thursday 2nd November 2017

Rejected on Wednesday 8th November 2017

Current status: Rejected

Rejection code: no-action (see below for details)

Petition Action

Parliament should make it clear by how much Brexit will impoverish the UK.

Petition Details

It can be estimated that changes in FX rates for GBP have resulted in a loss of 300-400 £Bn of purchasing power for the UK GDP.
Prices are going up for staples.
It is owed to the populationthat they should be well informed as to what the probable and possible fiscal outcomes are for Brexit.

Additional Information

http://www.xe.com/currencycharts/?from=GBP&to=EUR&view=2Y

http://www.xe.com/currencycharts/?from=GBP&to=USD&view=2Y

roughly equating the drop in purchasing power for the UK GDP denominated in GBP w.r.t to the major currencies

This calculation is of course very crude.

This last point is of course entirely irrelevant for such gigantic moves in the FX rates for GBP


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This petition was rejected

The Government e-Petitions Team gave the following reason:

Petitions need to call on the Government or Parliament to take a specific action.

You could start a new petition explaining clearly what you would like the Government or Parliament to do.

If you would like the Government to publish its analysis of the impact of Brexit on certain sectors of the economy, you may wish to sign this petition:

petition.parliament.uk/petitions/200634

Have your say on this petition!

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