News · 25 November 2025

Brexit costs UK £90 billion yearly: report

AI Generated (Gemini)

The Liberal Democrats will vote on a Customs Union Bill on December 9th. A House of Commons Library study, requested by the party, indicates Brexit reduces UK tax income by as much as £90 billion annually. This equates to £250 million each day. The National Bureau of Economic Research suggests the UK economy is 6-8% smaller due to leaving the EU. Consequently, each person in Britain is reportedly between £2,700 and £3,700 worse off.

By BriefTea Editorial · 25 November 2025 at 12:59

Reported by HuffPost UK · How we write briefs

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