This paper examines the impact of the UK's decision to leave the European Union (Brexit) in 2016. Using almost a decade of data since the referendum, we combine simulations based on macro data with ...

The cost of Brexit is still being determined, but the government watchdog estimates that the economy will take a 15 per cent hit to trade in the long term, while experts suggest that the UK has ...

The UK government has delayed health and safety checks on food imports from the European Union for the fifth time in three years amid fears that the extra controls will push up food prices and disrupt ...

Addressing the International Monetary Fund, UK’s Chancellor of the Exchequer Rachel Reeves admitted the long-term damage done to the UK economy by the 2020 Brexit deal. The chancellor told leading ...

Three years after the U.K. left the European Union, the latest data suggest a hit to the economy, but in some unexpected ways, reports BBC News. As the U.K. pulled out of the single market and customs ...

UK debt could soar to a 50-year high if Britain crashes out of the EU without a withdrawal agreement, the Institute for Fiscal Studies (IFS) has warned. What the Brexit vote could mean for sterling No ...

LONDON, UNITED KINGDOM: The Bank of England looks set to raise interest rates by a quarter point to a 15-year high of 4.75% on June 22, its 13th straight rate rise, as reported by Reuters. (Photo by ...

The Bank of England increased its already huge bond-buying stimulus by a bigger-than-expected 150 billion pounds ($195 billion) as it prepared for economic damage from new coronavirus lockdowns and ...