Enfeebled May faces more Brexit blows

A think tank study claims Brexit has already cost the UK’s public finances £17 billion a year, £320 million a week or enough to pay 10,000 more police to patrol the streets and train nurses to fill every vacancy in England while paying for London’s current contribution to the EU budget. The Centre for European Reform estimated that the UK economy was already 2.3 per cent smaller than it would have been had Britain voted remain in 2016.

Deputy director John Springford told the media: “Britain’s decision to leave the EU damaged growth, largely thanks to higher inflation and lower business investment. “The UK missed out on a broad-based upturn in growth among advanced economies in 2017 and early 2018. And the economic cost of the decision so far is sizeable, if not disastrous.”