‘Best-ever Brexit chart’ drops Budget Eve bombshell to ruin Rachel’s big day
Latest figures show 12% real GDP growth and 6% real GDP growth per head, since EU Ref
Since finally leaving in 2020 the figures are even better, in this shocking report which overturns all ‘forecasts’ and ‘predictions’
MENU: Welcome to the third of our Pre-Budget Specials,
in association with Brexit Facts4EU and GB News
Previously in this series:
Part I: “The definitive, slam-dunk debunk of the Chancellor’s false claims”
Special Supplementary: Rachel’s 10 TRILLION pound secret – Where has this money gone?
Part III : “Rachel’s £100bn tax bombshell – The 100 billion REAL reasons your taxes will soar again”
Part IV: “The perilous state of the country’s finances under Rachel Reeves”
Part V: (today) ‘Best-ever Brexit chart’ drops Budget Eve bombshell to ruin Rachel’s big day
Brexit has delivered a 12% rise in the UK’s economy plus a 6% rise in real GDP per head, confounding conventional wisdom and completely contradicting all the forecasts in a paper given to the OBR last week, according to our analysis of the latest official figures from the Office for National Statistics.
“Rachel’s not going to be happy when she sees this, but facts are facts,” says Facts4EU’s Chairman.
“When Ms Reeves reads this, we’re afraid it will ruin her Budget Eve. It completely overturns the conclusions of the academic paper given to her beloved OBR last week. Instead of making minor improvements to her speech tomorrow, she will be forced into a major rewrite of all those parts where she tries to put the blame for her tax rises on Brexit.
“If she tries to carry on regardless, then what is left of her credibility is going to come under severe pressure, to say the least.”
The shocking but excellent summary news from this report
All figures and charts are in ‘real terms’, excluding the effects of inflation
- The UK economy has grown by 12.1% since the EU Referendum
- It has outgrown the EU’s Top 3 economies: Germany, France and Italy
- It has grown by 14.0% since the UK finally left the EU Single Market and Customs Union
- This coincided with the start point being during Covid
- However, the UK outgrew the EU’s Top 3 economies in that time
- GDP per head has grown by 5.9% since the Referendum
- This is despite the massive intake of migrants from the EU and elsewhere
- GDP per head has grown by 11.5% since the UK finally left the EU Single Market and Customs Union
‘The best-ever Brexit charts’
On the eve of the Chancellor standing up in the Commons tomorrow, we can reveal that ‘the best-ever Brexit chart’ is back – and it just got even better with the latest figures. This brings it up-to-date with Q3’s results, taking it up to the end of September 2025.
Not only that, but it comes with a ‘big Brexit brother’ : a new chart which shows the growth in real GDP per head.
All charts below show the figures in real terms, after excluding the effects of inflation. They leave Rachel Reeves – and her pro-EU Treasury colleagues – with nowhere to go. When she rises to speak in the Commons tomorrow, the Chancellor will have to find other excuses for her tax rises.
The Rt Hon Sir John Redwood commented exclusively to The Campaign for an Independent Britain, Brexit Facts4EU.Org, Stand for Our Sovereignty (SovereignUK.Org), and GB News.

“The facts about UK growth since the 2016 referendum vote show the UK has outperformed the major EU economies contrary to official gloom about the impact of Brexit.
“If only the UK establishment had been bolder in using Brexit freedoms we could have outperformed much more.
“Over the last decade we have continued to lag the USA badly, whilst outpacing EU economies even more sandbagged by EU rules, tariffs and taxes.”
– The Rt Hon Sir John Redwood, 25 Nov 2025
The Rt Hon Sir John Redwood, MPhil, DPhil, Distinguished Fellow of All Souls Oxford, former MP for 37 years, former Secretary of State, former Director of Lady Thatcher’s Number 10 Policy Unit.
Cause for celebration, whichever way people voted
Regardless of the way people voted in the EU Referendum nine years ago, today’s report represents good news for all.
Patriots across the country will celebrate. The fact the economy has grown far beyond expectations, and GDP per head has risen in real terms despite the impression given by the Chancellor, means the only places where this report will be greeted with despair are the offices of HM Treasury and those of certain media outlets. (See below.)
The Classic ‘Best-Ever Brexit Chart’
© Brexit Facts4EU.Org 2025 – click to enlarge
[Source(s) : Office for National Statistics, accessed Nov 2025]
This new report, supplied in advance to GB News and updated with the figures for Q3 2025, (up to end-Sept), shows the UK’s economy has grown by 12.1% in real terms since the Referendum. Our previous chart made waves when it was published by GB News last month and we expect with its Budget Eve topicality this will hit many more hundreds of thousands of voters.
In an additional blow for Rachel Reeves in her attempts to blame her tax rises on Brexit, the analysis of the latest official figures by the Facts4EU think-tank proves that the UK has outperformed the EU’s Top 3 economies once again.
So that’s since the Referendum – What about since we left?
Above we showed how much the UK’s economy has grown since the Referendum. Inevitably we will be asked by Rejoiners why we are not showing what happened since we exited the EU Common Market and Customs Union at the end of 2020. So here it is.
The 14% increase in GDP since the UK finally left the EU, 31 Dec 2020
© Brexit Facts4EU.Org 2025 – click to enlarge
[Source(s) : Office for National Statistics, accessed Nov 2025]
The Rt Hon Sir John Redwood commented exclusively to The Campaign for an Independent Britain, Brexit Facts4EU.Org, Stand for Our Sovereignty (SovereignUK.Org), and GB News.
“The UK has grown even faster since 2020 as we recovered from the slump created by lockdown. We were still outperforming the main EU economies also coming out of bruising lockdowns. Once again the facts show far from harming our economy, outside the EU we could do a bit better. The stupid lie that we lost 4% of our GDP is once again exposed by these official figures of what actually happened. Our exports boomed contrary to the gloomy Remain forecasts. If only we had dumped the EU dear energy policy we could have done a lot better.”
– The Rt Hon Sir John Redwood, 25 Nov 2025
The increase is even higher, at 14%, because of the economic dip caused by Covid. For that reason we have once again shown what happened to the EU’s Top 3 economies over the same period. The UK triumphed again.
.
‘Best-ever Brexit chart’ now has a ‘Big Brexit Brother’ which is equally shocking
To make matters even worse for the Chancellor, the updated chart is accompanied by a new chart which completely overturns Ms Reeves’ claims that GDP per head has not improved since the 2016 EU Referendum.
The ‘Big Brexit Brother’ Chart
The 6% growth in GDP per head
© Brexit Facts4EU.Org 2025 – click to enlarge
[Source(s) : Office for National Statistics, accessed Nov 2025]
This analysis of the official facts released by the Office for National Statistics shows that real GDP per head has actually risen by almost 6% since the British people voted to leave the EU – and has grown even faster since the UK finally left the bloc on 31 December 2020.
The period covered by this chart includes a time of mass immigration for the UK, including the so-called ‘Boris wave’. Despite the population growing, the chart shows that the economy grew faster.
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The Rt Hon Sir John Redwood commented exclusively to The Campaign for an Independent Britain, Brexit Facts4EU.Org, Stand for Our Sovereignty (SovereignUK.Org), and GB News.
“Great to see real incomes have been rising a bit despite the productivity collapse in the public sector and the tax rises of the last budget. Just think how well we would do, freed of EU over the top rules and taxes, if government followed a low tax policy for growth. Brexit allowed us to take tariffs off the imports we needed to make things with, and off all the things we import that we cannot produce or grow for ourselves. The EU is a high tariff area. We must not be sucked back into their carbon border tariff to put the cost of living up more.”
– The Rt Hon Sir John Redwood, 25 Nov 2025
Destroying the ‘academic’ paper given to the OBR last week
This report will devastate the authors of an anti-Brexit paper which was greeted with delight by various pro-EU media outlets last week. Prominence was given to a report written by academics and a senior member of the Bank of England which had been supplied to the OBR, claiming Brexit is responsible for a 6-8% drop in the economy. (It isn’t, as readers have seen above.)
This is important, as Rachel Reeves has made it clear on many occasions that she follows the OBR’s forecasts scrupulously, despite the fact they are always wrong. Below we quote from the academic paper’s summary, followed by an example of a headline last week from the pro-EU media.
‘The Economic Impact of Brexit’
By Nicholas Bloom, Philip Bunn, Paul Mizen, Pawel Smietanka & Gregory Thwaites
[Note: Emboldening of text is by Facts4EU.]
“This paper examines the impact of the UK’s decision to leave the European Union (Brexit) in 2016. Using almost a decade of data since the referendum, we combine simulations based on macro data with estimates derived from micro data collected through our Decision Maker Panel survey. These estimates suggest that by 2025, Brexit had reduced UK GDP by 6% to 8%… These large negative impacts reflect a combination of elevated uncertainty, reduced demand, diverted management time, and increased misallocation of resources from a protracted Brexit process.”
Why use guesswork when you have the data?
This introduction alone should have set alarm bells ringing in the media offices which chose to splash this paper in their coverage. It refers to “Using almost a decade of data since the referendum” and then states it has used ‘simulations’, ‘estimates’, and a ‘survey’ to produce its apocalyptic results of Brexit having reduced UK GDP by 6-8%.
The paper’s authors say they had the data, as did we, so why didn’t they use it, as we did? Our charts are not ‘simulations’. They use the actual data from the last nine years. Our figure of a 12.1% growth in GDP is factual. Their figure of a reduction of “6% to 8%” is ‘academic’ guesswork. All they had to do was crunch the numbers, as we did.
This did not stop ‘the usual suspects’ reporting it
Here is one of the headlines last week.
“Brexit Hit to UK Economy Double Official Estimate, Study Finds”
“Brexit has caused almost twice as much damage to the UK economy than estimated by official forecasts, according to new paper…”
– Bloomberg, 21 Nov 2025
The new analysis by Facts4EU today completely negates this pro-EU report, showing the UK’s economy has grown by 12.1% in real terms since the Referendum, beating the EU’s Top 3 economies of Germany, France and Italy.
Not only that, but we have exclusively proved that GDP per head has risen by 6%, countering the misinformation the public has received, from the Chancellor herself amongst many others.
The Rt Hon Sir John Redwood commented exclusively to The Campaign for an Independent Britain, Brexit Facts4EU.Org, Stand for Our Sovereignty (SovereignUK.Org), and GB News.
“The Budget tomorrow will brief against Brexit, falsely claiming it has cost us when it is now saving us billions in payments we no longer have to make to the EU. If the Chancellor was presenting a Budget based on rejoining the EU she would need to put taxes up by another. £25bn to pay all the EU bills. Her easiest and best spending cut would be refusal to pay anything for a so-called EU re-set. Paying to be subjected to more EU rules and control would make us poorer and would undermine the opportunities of Brexit.”
– The Rt Hon Sir John Redwood, 25 Nov 2025
Observations
Clearly this report has been prepared and published just ahead of the Chancellor’s Budget statement in the House tomorrow and Chancellors are known for springing surprises. That said, we do not honestly believe that the evidence we have provided of Brexit’s positive effect on growth – and on GDP per head – will make any difference to Rachel Reeves.
Ms Reeves is a dyed-in-the-wool Rejoiner who is completely blinkered to the facts when it comes to the most significant alteration to our country’s status in generations. If Brexit had resulted a tax-free gift of £10,000 in cash for every man, woman, and child in the United Kingdom, she would still find some way to deflect onto some other aspect of Brexit and misrepresent the facts about that instead.
This is why the Facts4EU team has continued for 10 years when they had all hoped to return to their day jobs very shortly after the Referendum. It does concern us that when they close down, (because of lack of funds for so long), there will be no other organisation publishing well-researched, punchy, daily reports which are easily read by the public and MPs alike. Sadly, there’s nothing more we can do, unless we receive more funding ourselves, which comes from the public. If there is no appetite to pay for the enormously time-consuming work involved in daily publishing then that is just something we have to accept.
It is not only this work itself that will be missed, of course. It’s the fact that we and our colleagues at Facts4EU get it covered by mainstream media outlets and that our best co-produced reports this year have been hitting well over 500,000 voters. That’s a great deal of reach and exposure, gone forever. Once again today, we have succeeded in getting this report covered, by GB News, and we urge readers to click on the link here so that GBN knows how popular this work is. Thank you.
Once again today, we have succeeded in getting this report covered, by GB News, and we urge readers to click on the link here so that GBN knows how popular our work is. Thank you.
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[ Sources: Office for National Statistics ] Politicians and journalists can contact us for details, as ever.
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