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City A.M. (Print):
THE COST OF TAKING BACK CONTROL

1 April 2019

Snippet: ...A fall in the pound increases the costs of UK imports, and in the year after the vote consumer prices rose rapidly. Analysis from 2017 by researchers at the Centre for Economic Performance estimated that the Brexit vote increased consumer price inflation by 1.7 percentage points in the year following the referendum.

... More recently, and looking at flows in the opposite direction, work published in February by the Centre for Economic Performance showed that the Leave vote has led to a 12 per cent increase in new investment projects by British firms in the EU, but has not affected UK investment outside of the EU.