George Osborne’s Brexit warning as Britain’s economy has ‘fallen off a cliff’

PoliticsBusiness & Finance
12 Sep 2026 • 7:13 PM MYT
The Independent
The Independent

The world’s most free-thinking newspaper

George Osborne’s Brexit warning as Britain’s economy has ‘fallen off a cliff’

  • Former chancellor George Osborne has warned that Britain's economy has fallen off a cliff post-Brexit, arguing that rejoining the EU Customs Union is the simplest way to revive trade.
  • Osborne accused political, business, and union leaders of a conspiracy of silence over the economic impact of Brexit, urging re-engagement with European neighbours on key issues.
  • Defending his 2010 to 2015 coalition government's austerity record, Osborne claimed voters now view that period as stable compared to the chaos that followed.
  • Osborne challenged Conservative leader Kemi Badenoch over her strategy, warning that trying to out-Reform Reform is futile and predicting a pact with Nigel Farage if needed to secure power.
  • Speaking in his role as chair of the British Museum, Osborne praised Prime Minister Andy Burnham's positive approach and insisted Brexit is not the end of Britain's story with Europe.

IN FULL

Newswav Malaysia Best News App

Newswav is an online content aggregator and obtains its content from different online sources. The content in the app do not belong to Newswav nor do they reflect the opinions of Newswav and its staff. Your use of this app indicates your understanding and acceptance of this information.

Newswav Sdn. Bhd. (201701008480 (1222645-M)) 2026 All Rights Reserved