Published: February 14, 2019
Gertjan Vlieghe’s estimate of weekly bill, £800m, is more than double battlebus ‘bonus’
Brexit has already cost the UK economy at least £80bn since the EU referendum, and a damaging no-deal scenario could force an emergency cut in interest rates, according to a Bank of England rate-setter.
Gertjan Vlieghe, a member of the Bank’s monetary policy committee, said that since the vote in June 2016, the economy had lost about 2% of GDP compared with a scenario where there had been no significant domestic economic events.
Continue reading...from The Guardian http://bit.ly/2V1Br6T
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