Brexit: UK has lost 6.6 billion pounds in economic activity each quarter since referendum
LONDON (Reuters) - The United Kingdom has lost 6.6 billion pounds in economic activity every quarter since voting to leave the European Union, said S&P Global Ratings, the latest company to estimate the damage from Brexit to the world’s fifth largest economy.
In a report published on Thursday, the ratings agency’s senior economist, Boris Glass, said the UK economy would have been about 3 percent larger by the end of 2018 if the country had not voted in a June 2016 referendum to leave the bloc.
Reporting by Josephine Mason; Editing by Gareth Jones
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