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The U.K.’s lackluster growth relative to its peers suggests Brexit has cost the economy 130 billion pounds ($170 billion) since the 2016 referendum, according to calculations by Bloomberg Economics. And the number is going to keep getting bigger. Even the boost BE expects from Prime Minister Boris Johnson’s decisive election victory in December won’t stop a further 70 billion pounds being added this year.
To contact the staff on this story: Dan Hanson (Economist) in London at dhanson41@bloomberg.net
To contact the editors responsible for this story: Zoe Schneeweiss at zschneeweiss@bloomberg.net, Sheldon Reback
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