Brexit may have cost the UK 5% of productivity – BoE paper


The unusually persistent uncertainty triggered by the June 2016 referendum has harmed UK investment and may have led to a 5% drop in productivity, researchers say.

The Bank of England with the universities of Nottingham and Stanford recently developed a survey of major UK firms called the decision-maker panel (DMP).

In a new BoE staff working paper, researchers draw on the survey, launched in August 2016, to gauge the economic impact of three years of uncertainty around Brexit.

The Brexit

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

If you already have an account, please sign in here.

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account