Newssos
A decade after Britain voted to leave the European Union, economists at Stanford, the Bank of England, King's College London and the University of Nottingham estimate that by the end of 2025 the U.K.
economy was between 6% and 8% smaller than it would have been under a remain outcome.
The paper, updated this month, draws on a full ten years of post-referendum data and finds the damage accumulated more slowly — and more persistently — than most forecasters anticipated.
GDP grew roughly 13% since the vote, less than half the pace recorded by the United States over the same span. Investment Bore the Deepest Scar Business investment absorbed the sharpest hit in the study's estimates.
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