Brexit Costs 600 Million A Week

Brexit has cost the UK around £600m every week since the 2016 referendum, according to a report by Goldman Sachs that highlights the economic impact of the uncertainty surrounding Britain’s exit from the EU. The investment bank said that Brexit has cost Britain about 2.4 per cent of gross domestic product, compared with a hypothetical “Doppelgänger” economy that did not withstand a Brexit shock. Its estimates suggest that the UK economy has underperformed other advanced economies since mid-2016 as a result.