The true costs to the UK economy as a result of Brexit

Posted on February 22, 2019


The Centre for European Reform on 27 January 2019 produced one of their Insights dedicated to the costs of Brexit to the UK economy to September 2018 [link]. These analyses indicated that the UK economy is 2.3% smaller than it should have been, which equates to £17 billion per annum or, in ‘side-of-the-bus’ terminology £320 million per week.

150309_BlogI am not an economist, but I do know that the above method using the artificial counterfactual is that of a ‘synthetic control’ (or, in much cooler economic terms, the Doppelganger UK). John Springford was kind enough to provide the data he used and I had a go at further improvement of the analyses…

You can find my analyses here:


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