Financial Times:
The real price of Brexit begins to emerge
18 December 2017
FT research shows that the weekly hit to the British economy could be the same £350m that Leave campaigners promised to claw back
Thomas Sampson and colleagues at the London School of Economics have examined the direct effect of sterling’s depreciation since the EU referendum on prices and living standards. With the pound falling about 10 per cent following the June 2016 result, inflation has risen more in Britain than in other advanced economies. It started with petrol prices and spread to food and other goods, pushing overall inflation up from 0.4 per cent at the time of the referendum to 3.1 per cent last month.