This petition was submitted during the 2017 to 2019 Parliament
Rejected petition Parliament should make it clear by how much Brexit will impoverish the UK.
Rejected on
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.
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
Why was this petition rejected?
It’s not clear what the petition is asking the UK Government or Parliament to do.
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:
https://petition.parliament.uk/petitions/200634
We only reject petitions that don’t meet the petition standards.