Corporate data tie Brexit to 6% hit to UK GDP over a decade
A Bank of England–backed study using its Decision Maker Panel data finds Brexit shaved about 6% off UK GDP over 10 years, with broader methods averaging around 8%. The impact on financial services was notable but not as severe as some feared. Some economists argue such estimates are hard to isolate and may overstate effects, but this approach marks a novel use of BoE corporate data to gauge Brexit consequences ahead of the referendum’s 10-year anniversary.