Cost of Brexit

The cost of Brexit: September 2021

29 November 2021
In September 2021, UK goods trade was 11.2 per cent, or £8.5 billion, lower than it would have been if the UK had stayed in the EU’s single market and customs union.

The cost of Brexit: May 2021

21 July 2021
The Centre for European Reform estimates that leaving the single market and customs union has reduced UK trade in goods by £10 billion or 13.5 per cent in May 2021.  

The cost of Brexit: April 2021

14 June 2021
We estimate that leaving the single market and customs union had reduced UK trade by 11 per cent in April 2021. That is on top of our previous finding of a 10 per cent hit to trade between the referendum and leaving the single market.

The cost of Brexit: March 2021

12 May 2021
We estimate that leaving the single market and customs union had reduced UK trade by 11 per cent in March 2021. That is on top of a 10 per cent hit to trade between the referendum and leaving the single market.

The cost of Brexit: February 2021

13 April 2021
We estimate that leaving the single market and customs union had reduced UK trade by 5 per cent by February 2021. That is on top of a 10 per cent hit to trade between the referendum and leaving the single market.

The cost of Brexit, January 2021: The end of transition edition

12 March 2021
The first of a new CER series provides estimates for the effect of Brexit on UK trade – both before and after the end of the transition period.

The cost of Brexit to June 2019

16 October 2019
The UK economy is 2.9 per cent smaller than it would be if the UK had voted to remain in the European Union, according to our latest estimate of the cost of Brexit to the end of the second quarter of 2019.

The cost of Brexit to December 2018: Towards relative decline?

30 March 2019
The UK economy is 2.5 per cent smaller than it would be if Britain had voted to remain in the European Union. The knock-on hit to the public finances is £19 billion – or £145 million a week.

The cost of Brexit to September 2018

27 January 2019
The UK economy is 2.3 per cent smaller than it would be if Britain had voted to remain in the European Union.

The cost of Brexit to June 2018

30 September 2018
The British economy is 2.5 per cent smaller than it would be if Remain had won in 2016, according to the latest update of the CER's cost of Brexit model.

What's the cost of Brexit so far?

23 June 2018
New analysis by the CER – which we will update quarterly – estimates that the UK economy is 2.1 per cent smaller as a result of the vote to leave the EU.