7. 7. UKIP Wales Debate: Brexit and the Economy

Part of the debate – in the Senedd at 5:32 pm on 14 September 2016.

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Photo of Caroline Jones Caroline Jones UKIP 5:32, 14 September 2016

In the days and weeks that preceded the Brexit vote and the days and weeks after, we have had dire warnings of an economic meltdown as a result of our decision to leave the EU. But, in recent weeks, economic data have proven the warnings as little more than scaremongering. But, this week, the British Chambers of Commerce have slightly revised their growth figures for the UK downwards, but have stated that the UK will not enter the much predicted recession and, at present, there will be economic fluctuations.

Despite earlier scare stories, I feel business confidence, even in small ways, is becoming prominent in Wales—