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Brexit Cost After ‘Boris Bounce’ Is Still $260 Billion

Brexit Cost After ‘Boris Bounce’ Is Still $260 Billion

(Bloomberg) --

Brexit Cost After ‘Boris Bounce’ Is Still $260 Billion

The U.K.’s lackluster growth relative to its peers suggests Brexit has cost the economy 130 billion pounds ($170 billion) since the 2016 referendum, according to calculations by Bloomberg Economics. And the number is going to keep getting bigger. Even the boost BE expects from Prime Minister Boris Johnson’s decisive election victory in December won’t stop a further 70 billion pounds being added this year.

©2020 Bloomberg L.P.