Independent:
Brexit four times worse for UK economy than previously believed, say MIT economists
9 February 2017
New research claims leaving the EU will have bigger impact on UK productivity than had been thought
Britain’s departure from the European Union could cause output losses of as much as 9.5 per cent, according to new research. Calculations using models that incorporate productivity measures show a negative impact on gross domestic product per capita of almost four times that of previous estimates, according to John Van Reenen, a professor of applied economics at the MIT Sloan School of Management who supported the campaign for the UK to remain in the EU.