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Britain Will Still Be Paying for Brexit in 2064, Forecasters Say

Aerial Views Of The Port Of Felixstowe Ltd. As U.K. GDP Figures Are Released

Photographer: Simon Dawson/Bloomberg

The U.K. will still be paying for Brexit in 2064, according to official forecasts that put the total bill for leaving the European Union at 37.1 billion pounds ($51.9 billion).

The full impact of Brexit on the British economy may never be known, the U.K.’s Office for Budget Responsibility said in a report on Tuesday, but trade growth is likely to slow, while business investment is already being held back.