Brexit cost to UK economy revealed ...News

Russia Today - Economy
Brexit cost to UK economy revealed
source : Russia Today ( News ) () 20
Over $35 billion in business investment has reportedly been wiped out since the country’s withdrawal from the EU Britain’s departure from the European Union has cost the nation £29 billion (over $35 billion) in business investment and has aggravated a slowdown in productivity, according to a new study by Jonathan Haskel, an external member of the Bank of England’s (BoE) Monetary Policy Committee. The research showed that the lack of business investment growth since the 2016 referendum was equivalent to 1.3% of the UK’s gross domestic product, or about £1,000 ($1,221) per household.  By the end of the BoE’s forecas

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