UK to face long-term cost of Brexit – Goldman Sachs ...News

The country’s departure from the EU has reduced the size of its economy, analysts say The UK has paid a high price for Brexit, which has spurred inflation and trimmed the size of its economy, Bloomberg reported on Monday, citing economists from Goldman Sachs. The departure from the EU has reduced Britain’s real GDP by about 5% compared to the performance of its economic peers, according to Goldman’s chief European economist, Sven Jari Stehn. Seven years on from the referendum campaign, Britain has ended up with an underperforming economy and soaring cost of living due to reduced international trade, weak busi

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UK to face long-term cost of Brexit – Goldman Sachs ...News

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