The estimated cost of Brexit is £310bn but that's by 2035! Spread that over 10 years, that's £31bn per year, around 1% of today's GDP. It's hardly catastrophic. COVID cost us £400bn but that was in one year so that was catastrophic.
We spend treble this supposed cost of Brexit on the national debt interest repayments per year! How many of you are quoting catastrophic studies about the threat of the rising national debt and fiscal deficit...?
If what you're saying is correct then we had Brexit in 2020 and rapidly recovered to growth by 2021, case closed....
The report came up with a scenario for growth if the UK had stayed inside the EU, and compared it to forecasts the Office for Budget Responsibility made in March last year.
news.sky.com