April 4, 2019 / 7:51 AM / 15 days 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)

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