![](https://www.cer.eu/sites/default/files/styles/spotlight/public/cost_of_brexit_sl_190.jpg?itok=BsjWhKq1)
If it’s growth the chancellor wants, here’s one suggestion: Rejoin the EU
John Springford of the Centre for European Reform estimates that the negative impact of gratuitously imposing trade barriers on our nearest trading partners – via higher import prices, loss of vital immigrant workers, and general uncertainty affecting business confidence – had cost our economy 5.5% of GDP by the summer of 2022.