Brexit cost 6% of UK economy, Bank of England company data suggests
A new analysis of Bank of England data suggests that Brexit has reduced the UK economy by approximately 6% over the last decade. The decline is attributed to post-referendum uncertainty and increased trade barriers following the exit from the EU single market.
Why it matters
It provides empirical evidence on the long-term macroeconomic consequences of major geopolitical shifts on national growth.
Image source, Getty Images By Faisal Islam Economics editor Published 19 June 2026, 00:05 BST The UK economy has taken a 6% hit from the effects of Brexit, according to economists analysis of internal Bank of England data about the decisions, views and financial results of thousands of British companies since the referendum a decade ago.
The article presents economic data and quotes from both the study authors and critics, maintaining a balanced reporting style.
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