Brexit uncertainty has cost Britain £600 million a week - Goldman Sachs

Britain’s chaotic exit from the European Union has cost the economy about 600 million pounds per week since the 2016 referendum, Goldman Sachs said on Monday in a report that underscores how Brexit uncertainty has dented investment. The report found that Brexit had cost the world’s fifth largest economy nearly 2.5 percent of GDP at the end of last year, compared to its growth path prior to the mid-2016 vote on exiting the bloc. It has also lagged other advanced economies. “Politicians in the UK are still struggling to deliver on that vote,” Goldman Sachs economists wrote in a note to clients.