Mirror:
Theresa May's 'no deal' Brexit would cost each family #1,890, experts warn
31 May 2017
Although last year's vote to quit the EU has had "no obvious effect" on GDP growth, the collapse in the value of the pound - down 13% against the US dollar and 9% against the euro by the end of last month - has fuelled a surge in inflation from 0.5% to 2.7% and a fall in real wage growth from 1.3% to minus-0.5%, the report from the London School of Economics Centre for Economic Performance found.
Co-author Thomas Sampson said: "Prime Minister May's decision to leave the single market was not an inevitable consequence of the referendum and will increase the economic costs of Brexit.
Related publications
'Brexit and the UK Economy', Swati Dhingra, Thomas Sampson, CEP Election Analysis Paper No. 40. May 2017.
http://cep.lse.ac.uk/pubs/download/ea040.pdf