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Investors Chronicle:
Brexit: Trick or Treat?

24 October 2019

The think tank, The UK in a Changing Europe, estimate that these effects will eventually reduce UK GDP per person by around 2.5 per cent, relative to what it would have been were we to stay in the EU. Less trade, however, is likely to mean lower productivity growth - because it means companies face less foreign competition and have less incentive to up their game to meet foreign demand. The UK in a Changing Europe estimates that this might eventually cut GDP per person by a further 4 per cent.

Rising Brexit uncertainty has reduced investment and employment, Nicholas Bloom, Scarlet Chen, Paul Mizen. VOX CEPR Policy Portal, 16 November 2018.

The economic impact of Boris Johnson's Brexit proposals. Hanwei Huang, Jonathan Portes and Thomas Sampson, with contributions from Matt Bevington and Jill Rutter. The UK in a Changing Europe & Centre for Economic Performance, LSE, 13 October 2019.

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