April 4, 2019 / 7:51 AM / 3 months ago

Brexit: UK has lost 6.6 bln pounds in economic activity each quarter since referendum

LONDON, April 4 (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)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below