Further Reading

Monday, 21 July 2025

World Economic Forum’s Klaus Schwab “Rigged Data” to Make Brexit Look Like Failure

 Klaus Schwab, the face of the Davos conference in Switzerland for years, allegedly intervened in the WEF’s annual Global Competitiveness Report, which ranks countries on productivity and long-term prosperity.

In the 2017/2018 report, the UK’s ranking improved from seventh to fourth after a change in methodology.

But Mr Schwab, 87, wrote to staff that the UK “must not see any improvement”, as otherwise it would be “exploited by the Brexit camp”.

The final report published in 2017 showed the UK had dropped one place to eighth.

The WEF said at the time the Brexit vote had not fed into the rankings but warned it was likely to undermine UK competitiveness in the future.

“Brexit… will by definition weaken the UK’s markets component as integration with the EU is rolled back,” the report said.

At the time of the report, the UK had voted to leave the European Union but had not yet done so, and the difficult Brexit negotiations were at their beginning.

There was still discussion of the possibility of holding a second referendum in order to reverse the result of the 2016 vote.

Baroness Theresa May, the then-Prime Minister, spoke at the Davos summit in January 2017 and 2018. She said that Britain was looking to its post-Brexit future “with confidence” and planned to “build a truly Global Britain” based around free trade. 

Allegations that Mr Schwab ordered the figures to be changed were made in an internal WEF investigation, launched after a whistleblower accused him of misusing funds, making suggestive remarks to younger staff and manipulating research....<<<Read More>>>...