The Brussels Report
BREXIT - The cost of leaving the EU
BREXIT – The cost of leaving the EU
The public sector, foreign trade, banks and the construction sector, everyone in the United Kingdom is wondering what leaving the EU is going to cost them. Even before the referendum, the British Treasury provided one of the more pessimistic forecasts: tax income would drop by 45 billion pounds (€51.9bn) over 15 years. At the end of 2016, the Office for Budget Responsibility went even further indicating that by the year 2021, the United Kingdom will have to ask for additional loans of 58.7 billion pounds (€61.6bn) due to reduced migration, higher inflation and lower productivity.
Per abbonarti, visita la nostra pagina abbonamenti.
This content if for our subscribers
Subscribe for 1 year and gain unlimited access to all content on eastwest.eu plus both the digital and the hard copy of the geopolitical magazine
Gain 1 year of unlimited access to only the website and digital magazine
