Search the Centre for Economic Performance Website
LSE Brexit blog: Voting for Brexit has already made the UK poorer
2 April 2019
How has voting to leave the EU affected the UK's economy? The difficulty in answering this question is that we do not know what would have happened to the economy if Remain had won. Consequently, researchers look for ways to estimate what would have happened. For example, how would the UK's economic output have changed since June 2016 if there had been a Remain vote? Comparing observed outcomes to what would have happened then gives an estimate of the Brexit effect. There now is evidence that voting for Brexit has already made the UK poorer, argues Thomas Sampson (LSE).