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$170 Billion and Counting: The Cost of Brexit for the U.K.
By
Fergal O'Brien
10 January 2020, 09:44 GMT
U.K. Prime Minister Boris Johnson wants to “unleash Britain’s potential.” First the economy has to catch back up with the rest of the world.
Research by Bloomberg Economics estimates that the economic cost of Brexit has already hit 130 billion pounds ($170 billion), with a further 70 billion pounds set to be added by the end of this year. That’s based on the damage caused by the U.K. untethering from its Group of Seven peers over the past three years.
Collateral Damage
Brexit has already cost the U.K. economy £130 billion, and there’s more to come
https://www.bloomberg.com/news/arti...n-and-counting-the-cost-of-brexit-for-the-u-k
By
Fergal O'Brien
10 January 2020, 09:44 GMT
U.K. Prime Minister Boris Johnson wants to “unleash Britain’s potential.” First the economy has to catch back up with the rest of the world.
Research by Bloomberg Economics estimates that the economic cost of Brexit has already hit 130 billion pounds ($170 billion), with a further 70 billion pounds set to be added by the end of this year. That’s based on the damage caused by the U.K. untethering from its Group of Seven peers over the past three years.
Collateral Damage
Brexit has already cost the U.K. economy £130 billion, and there’s more to come
https://www.bloomberg.com/news/arti...n-and-counting-the-cost-of-brexit-for-the-u-k