Britain's chaotic exit from the European Union has cost the economy about 6...
LONDON - Britain’s chaotic exit from the European Union has cost the economy about 600 million pounds per week since the 2016 referendum, Goldman Sachs said on Monday in a report that underscores how Brexit uncertainty has dented investment.
“The resulting uncertainty over the future political and economic relationship with the EU has had real costs for the UK economy, which have spilled over to other economies.” The bank’s estimates came as data showed factories in Britain stockpiled for Brexit at an explosive rate last month, unlike anything seen before in a major rich economy and a prelude to a likely sharp investment shortfall ahead.
European countries would be most exposed to this scenario, the economists estimated, and could see output losses of around 1 percent of real GDP.
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Brexit has cost Britain nearly 2.5 percent of GDP - Goldman SachsGoldman Sachs on Monday estimated Britain's economy has lost nearly 2.5 per...
Weiterlesen »
Britain set to hold third vote on Brexit dealBritish Prime Minister Theresa May's government will ask lawmakers on Friday to vote for a motion approving the Withdrawal Agreement (WA) reached with the EU last November.
Weiterlesen »
Perspective | No, Brexit is not really about making Britain imperial againPerspective: No, Brexit is not really about making Britain imperial again
Weiterlesen »
Explainer: Pros and cons of a customs union for Brexit BritainThe British parliament will on Monday hold a second round of indicative votes on...
Weiterlesen »
Explainer: Breaking the deadlock over Brexit - Is Britain heading for an election?With Britain's parliament deadlocked over the way forward on Brexit, specul...
Weiterlesen »
Explainer - Breaking the deadlock over Brexit: Is Britain heading for a general election?With Britain's parliament deadlocked over the way forward on Brexit, specul...
Weiterlesen »
Explainer - Breaking the deadlock over Brexit: Is Britain heading for a general election?With Britain's parliament deadlocked over the way forward on Brexit, specul...
Weiterlesen »
Britain has limited options available on Brexit - Conservative deputy chairmanBritain has a limited range of options available on Brexit and lawmakers should ...
Weiterlesen »
Britain has limited options available on Brexit: Conservative deputy chairBritain has a limited range of options available on Brexit and lawmakers should ...
Weiterlesen »