Brexit Has Already Cost the U.K. More than Its EU Budget Payments, Study Shows

  • Vote to leave EU costs Treasury 23 billion pounds in lost tax
  • Weekly cost exceeds gains pledged by Brexit campaigners
Photographer: Luke MacGregor/Bloomberg
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The damage to the U.K. economy caused by the vote to leave the European Union two years ago already exceeds the size of the budget contributions Britain will be able to claw back when it finally leaves the bloc, according to an economic study by the Centre for European Reform.