{"id":379161,"date":"2018-09-30T16:22:13","date_gmt":"2018-09-30T15:22:13","guid":{"rendered":"http:\/\/rinf.com\/alt-news\/newswire\/presstv-brexit-costing-britain-500mn-a-week-report\/"},"modified":"2018-09-30T16:22:13","modified_gmt":"2018-09-30T15:22:13","slug":"presstv-brexit-costing-britain-500mn-a-week-report","status":"publish","type":"post","link":"http:\/\/rinf.com\/alt-news\/newswire\/presstv-brexit-costing-britain-500mn-a-week-report\/","title":{"rendered":"PressTV-Brexit costing Britain \u00a3500mn a week: Report"},"content":{"rendered":"<div>\n<p><strong>The current cost of Brexit is estimated to be \u00a3500 million a week, new research has found, suggesting that it will even further rise.<\/strong><\/p>\n<p>The analysis by the Centre for European Reform also shows that the estimation is a sharp contrast to the \u00a3350 million\u00a0\u201cdividend\u201d pledged by the Leave campaign.<\/p>\n<p>In addition, it indicates that the country\u2019s economy is already 2.5 percent smaller than it would have been, had proponents of Remain won the referendum.<\/p>\n<p>The analysis suggests that the government\u2019s austerity drive would be completed if Britain had voted to remain in the European Union.<\/p>\n<p>Public finances have been harmed by \u00a326 billion a year, over half of the defense budget, translating to a penalty of \u00a3500 million\u00a0a week, according to the report.<\/p>\n<p>Britain is set to leave the EU on March 29, 2019, but the terms of the departure still remain unclear.<\/p>\n<p>Prime Minister Theresa May faces increasing pressure both from the opposition and from&#8230;<\/p>\n<\/div>\n<p> <a href=\"http:\/\/www.presstv.ir\/Detail\/2018\/09\/30\/575635\/UK-Brexit-economy-Theresa-May\">Read more<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The current cost of Brexit is estimated to be \u00a3500 million a week, new research has found, suggesting that it will even further rise. The analysis by the Centre for European Reform also shows that the estimation is a sharp contrast to the \u00a3350 million\u00a0\u201cdividend\u201d pledged by the Leave campaign. In addition, it indicates that [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[519],"tags":[],"class_list":{"0":"post-379161","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-newswire"},"_links":{"self":[{"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/posts\/379161","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/comments?post=379161"}],"version-history":[{"count":0,"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/posts\/379161\/revisions"}],"wp:attachment":[{"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/media?parent=379161"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/categories?post=379161"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/tags?post=379161"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}