Latest CER estimates of the cost of Brexit so far. Estimates are where the U.K. could have been based on replicating similar historically performing economies (Germany, USA, Luxembourg) and extrapolating that as a “doppelgänger U.K.”
If we’d not had a referendum and focussed on running the country for three years instead, we’d be roughly £360m a week better off now....
The cost of Brexit to December 2018: Towards relative decline? | Centre for European Reform
CER on Twitter: "Latest CER estimate: the UK economy is 2.5 per cent smaller than it would be if Britain had voted remain. The knock-on hit to the public finances is GBP19 billion per annum – or GBP360 million a week.
https://t.co/KwlCXDXruE… https://t.co/xtjEV4TXJf"
If we’d not had a referendum and focussed on running the country for three years instead, we’d be roughly £360m a week better off now....
The cost of Brexit to December 2018: Towards relative decline? | Centre for European Reform
CER on Twitter: "Latest CER estimate: the UK economy is 2.5 per cent smaller than it would be if Britain had voted remain. The knock-on hit to the public finances is GBP19 billion per annum – or GBP360 million a week.
https://t.co/KwlCXDXruE… https://t.co/xtjEV4TXJf"
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