Brexit cost the UK billions in lost trade and tax revenues, research finds | ITV News

Brexit has cost the UK economy billions of pounds in lost trade and tax revenues, according to research shared with ITV News by the Centre for European Reform.

It estimates the economy is 5% smaller than it would have been if the UK had stayed in the EU.

It also found trade in goods and investment were 13% lower - but services were 7% higher than if Brexit hadn't happened.

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