Brexit will soon cost the UK more than its total payments to the EU - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 51%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

Brexit will have soon cost the UK more than all its payments to the EU over the past 47 years put together

Brexit may soon cost the UK more than its combined total of payments to the European Union budget over the past 47 years, Bloomberg Economics found.A further £70 billion is likely to be added by the end of 2020, the economist Dan Hanson found.

That means the British economy is 3% smaller than it might have been if the UK had not voted to leave the EU.put the UK's total projected contribution to the EU budget from 1973 to 2020 at £215 billion after adjusting for inflation. After Prime Minister Boris Johnson's election victory in December, the UK is set to leave the EU on January 31. But business confidence and investment has dipped, and annualized economic growth has fallen to about 1% from 2%.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in NG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Brexit will be reminded not just as the worse historical mistake ever, but, the most complete collection of absolutely Wankers that the politics of UK has had and will get. At least Cameron was less smelly than This stupid tosser of Boris. People got the government they deserve!

Let 'em bleed.

The UK will be so fucked after the worst decision in 100 years...

Bring it on. It can’t be a much worse solution than paying more and more money every year and getting the same or less back. Look at Venice, Austria, Spain they’ve all seen the cost and want out. There are benefits but we are a consumption country the EU needs us so let’s do it.

No.

Brexit means Brexit 😉

roadkingrider2 Yeah good luck with Boris Trump

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Brexit will soon cost the UK more than its total payments to the EU - Business InsiderBrexit will soon have cost the UK more than all of its payments to the EU over the last 47 years put together Brexit : I think this will not be possible. I call a lie on that one. Lie
Source: BusinessInsider - 🏆 729. / 51 Read more »