The £59 billion reckoning

Press quote (Bloomberg)
24 November 2016

John Springford of the Centre for European Reform reckoned that Brexit would leave the economy 3.2 per cent smaller in 2030 than had voters chosen to stay in the EU. "In the long-term then, Brexit means lower spending or higher taxes," Springford said in a report. "The key political question is who will be at the receiving end of these measures."