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CBI: EU exit could cost #100bn and 1m jobs

22 March 2016

The Centre for Economic Performance at LSE released a report last week that also states that British living standards and trade will be damaged if an ''out'' vote wins the referendum. In their research, the body states that the best case scenario would still see household incomes hit by around £850 per year. The organisation went on to say that this figure could rise to as much as £6,400 per household if trade and productivity are more severely impacted; this represents a fall not seen since the peak of the financial crisis in 2008-09.

This article was published online by moneyexpert on March 22, 2016
Link to article here

Related publications
Life after Brexit: What are the UK's options outside the European Union?, Swati Dhingra and Thomas Sampson, CEP Brexit Analysis No.01, February 2016
The consequences of Brexit for UK trade and living standards, Swati Dhingra, Gianmarco Ottaviano, Thomas Sampson and John Van Reenen, CEP Brexit Analysis No.02, March 2016.
Download the accompanying Technical Paper here
See the complete CEP Brexit Analysis Series here

Related links
Swati Dhingra webpage
Hanwei Huang webpage
Gianmarco Ottaviano webpage
Thomas Sampson webpage
John Van Reenen webpage
Trade Programme webpage
Growth Programme webpage

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