Left Foot Forward:
This is how much Brexit has cost already
18 December 2017
Business investment grew by 1.3 per cent in the third quarter of 2017, this is down almost five-fold against official forecasts for growth drawn up in 2016. This economic downturn after Brexit has already cost the average UK worker a week’s wages – or about £500 – according to Thomas Sampson of the London School of Economics. With the pound falling against other currencies, prices are going up; “the increase in inflation caused by the Leave vote has already hurt UK households”, Sampson told the FT.