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  • Brexit will have soon cost the UK more than all its payments to the EU over the past 47 years put together

    01/15/2020 4:20:15 AM PST · by Cronos · 59 replies
    Business Insider ^ | 14 Jan 2020 | Thomas Colson
    Brexit may soon cost the UK more than its combined total of payments to the European Union budget over the past 47 years, Bloomberg Economics found. Bloomberg said the cost of the UK's vote to leave the EU had already reached £130 billion. A further £70 billion is likely to be added by the end of 2020, the economist Dan Hanson found. Business confidence and investment in the UK has dipped significantly since the 2016 vote. Brexit is likely to have cost the UK more than £200 billion in lost economic growth by the end of this year —...