Time:
The worst of the Brexit fallout is still to hit the UK
1 July 2016
John Van Reenen, head of the Centre for Economic Performance at the London School of Economics, said that Britain's Brexit decision will have both short-term and long-term consequences. ''There is a lot of uncertainty about the new arrangements, which will lead to less investment, slower growth, lower pay and higher unemployment. In the long run, we will not have the same access to the European single market, which will mean lower exports, less foreign investments. It will mean that we are all poorer.''
This article was published by Time magazine online on July 1, 2016
Link to article here
Related publications
See the complete set of CEP Brexit Analysis research papers here
Related links
John Van Reenen webpage
Growth Programme webpage
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