Thursday

27th Jan 2022

Ticker

UK households hit with Brexit income loss

Households in the UK have lost around €1,025 in real income each as a result of Brexit, said Bank of England governor Mark Carney. "Real household incomes are about £900 [€1,025] per household lower than we forecast in May of 2016, which is a lot of money," he told UK Treasury Committee on Tuesday. He said Brexit has knocked off some €45bn from the British economy.

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