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Home World Europe

The damning statistics that reveal the true cost of Brexit, five years on

4 January 2025
in Europe
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The damning statistics that reveal the true cost of Brexit, five years on
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Your support for The Independent allows for on-the-ground reporting on critical issues like reproductive rights, climate change, and Big Tech. As Brexit’s impact continues to unfold five years later, the cost is estimated at ÂŁ30.2bn in settlement with the EU, with ongoing effects on trade, investment, and labor markets. Despite optimistic views, Brexit has led to trade barriers, reduced living standards, and a historic disaster according to experts and former deputy prime minister Lord Heseltine.

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