Brexit Hit to UK Economy Double Official Estimate, Study Finds

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 from a group of experts including a senior Bank of England economist.

Brexit hit to UK economy double official estimate, study finds | Bloomberg

​  The paper claims that Brexit has lowered productivity by 3% to 4% since 2016, as well as hammering investment and employment. The research found that … Read More The post Brexit hit to UK economy double official estimate, study finds | Bloomberg appeared first on Brexit Carnage.

Brexit to Slash UK GDP by 6-8% by 2025, NBER Study Warns

Brexit’s Lingering Shadow: Unpacking the True Cost to Britain’s Economy In the dim glow of hindsight, Brexit’s economic toll on the United Kingdom is emerging as far more severe than previously acknowledged. A groundbreaking study released this month reveals that the decision to leave the European Union has shaved between 6% and 8% off the UK’s gross domestic product by 2025—nearly double the official estimates from bodies like the Office for Bu…

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 from a group of experts including a senior Bank of England economist.

Brexit hit to UK economy double official estimate, study finds

The research indicates 2016 Brexit vote has cost the UK between 6% and 8% of GDP per person over the last decade