"London Mayor Sadiq Khan: Brexit's $178 Billion Toll on UK Economy"

London mayor Sadiq Khan claims that Brexit has cost the UK over $178 billion so far, reducing the economy by 6% annually, with estimates projecting a 10% shortfall by 2035. This assessment is based on a report from economic consultants Cambridge Econometrics, which predicts a 0.4 percentage point decrease in annual economic growth, a 3 million reduction in employment levels, and a one-third decrease in investment by 2035. The impact of Brexit has been higher than some previous estimates, with concerns raised about its hard-line version dragging down the economy and increasing living costs.