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Brexit Has Slowed UK Growth 2.1% So Far: New Study

Shoshanna Delventhal

As a result of Brexit, the U.K. economy is now 2.1% smaller as of the first quarter of 2018 than it would have been if it stayed in the EU two years ago, according to the report. The major drag on U.K. growth has been a big drop off in tax revenues, slashing them by 23 billion pounds per year.