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Researchers estimate Brexit has reduced economic growth over the past decade, though some economists question how such effects can be measured. The findings matter for jobs, businesses and household finances in communities across England.
Transcript
00:01New analysis used in Bank of England company data suggests Brexit has reduced the size of the UK
00:06economy over the past decade, with researchers estimating a 6% impact on growth. The study says
00:13uncertainty after the referendum and later trade barriers both played significant roles. Some
00:18economists dispute the findings, arguing it's difficult to measure how the economy might have
00:23performed under different circumstances. The research is published ahead of the referendum's
00:2910th anniversary. It comes as ministers prepare further discussions with European partners
00:34on trade, energy and other areas affecting businesses, jobs and household finances in
00:40communities across England every day.
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