A growing number of statements are putting numbers to the damage #brexit has caused the UK.
Now Bank of England’s turn.
“Trade weakness has combined with uncertainty in the UK to weaken both investment and productivity. A combination of micro and macro estimates suggest that the Brexit process had reduced UK GDP by 6% to 8%, investment by 12% to 18%, employment by 3% to 4% and productivity by 3% .
Exchequer is losing up to £80bn of tax revenue every year.
