The UK will have to pay more than £200 billion for Brexit. As the Business Insider reports, the economic growth will slow down in the country as a result.
As reported, the amount almost equals to the 47-year installment to the EU budget paid by the UK.
The country has paid £215 billion for the EU membership since 1973.
According to Bloomberg Economics, the UK has lost £130 billion. Analysts say the loss will increase by 70 billion by the end of 2020.
Currently, the economic growth of the UK is less with 3% than it was before the Brexit referendum (2016).
The UK significantly lags behind the other countries of G7.
The United Kingdom is to leave the EU on January 31, 2020.
Bela Gelashvili
News Author