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UK still paying EU ‘divorce bill’– National Bank of Belgium blog

Research shows cumulative cost of Brexit amounts to six to eight percentage points of GDP

Brexit

The UK continues to pay a Brexit “divorce bill” 10 years after voting to leave the European Union, a new study by the Belgian central bank claims.

In a blogpost dated June 18, National Bank of Belgium economist Patrick Bisciari analysed trade, migration and foreign direct investment data to see how Brexit had affected the economies of both the UK and the European Union.

The analyst cites a paper from the National Bureau of Economic Research published last December. It estimated that over the past

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