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Evening Standard:
Hard Brexit `would cost London more than #100bn?

23 October 2017

London boroughs from the suburbs to the City stand to lose billions of pounds from Brexit, new research revealed today. The impact of a “hard” exit without a trade deal would cost the capital’s economy over £100 billion over five years, while a softer departure could cost some £58 billion. The impact would be heaviest in the City of London which would lose £22 billion from a 9.5 per cent drop in output in a hard Brexit, according to an analysis of London School of Economics studies by the Liberal Democrats.

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