{"id":396685,"date":"2019-02-21T13:38:57","date_gmt":"2019-02-21T12:38:57","guid":{"rendered":"http:\/\/rinf.com\/alt-news\/newswire\/presstv-brexit-inflicted-40-billion-a-year-on-uk-senior-economist\/"},"modified":"2019-02-21T13:38:57","modified_gmt":"2019-02-21T12:38:57","slug":"presstv-brexit-inflicted-40-billion-a-year-on-uk-senior-economist","status":"publish","type":"post","link":"http:\/\/rinf.com\/alt-news\/newswire\/presstv-brexit-inflicted-40-billion-a-year-on-uk-senior-economist\/","title":{"rendered":"PressTV-Brexit inflicted \u00a340 billion a year on UK: Senior economist"},"content":{"rendered":"<div>\n<p><strong>A senior economist at the Bank of England (BoE) says Britain has lost\u00a0\u00a340 billion a year since Britons voted to leave the European Union in a June 2016 EU referendum.<\/strong><\/p>\n<p>Gertjan Vlieghe, a member of the BoE&#8217;s monetary policy committee, said the Brexit referendum inflicted a 2-percent loss on the UK economy, a figure which he said amounts to \u00a3800 million a week, or \u00a340 billion a year.<\/p>\n<p>\u201cThat 2% of GDP is not trivial, that\u2019s \u00a340 billion\u00a0or if you prefer it in bus units, it\u2019s \u00a3800 million a week,\u201d said Vlieghe, making a reference to a bus campaigning for Brexit before referendum (pictured below) on which it was written that by leaving the EU, Britain could save \u00a3350 million on EU membership fees each week and spend it on National Health Service (NHS).<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" alt=\"\" height=\"312\" src=\"http:\/\/217.218.67.233\/\/photo\/20190216\/8190526c-f50a-44c2-9541-e20faa91d58c.jpg\" width=\"555\"\/><\/p>\n<p>The BoE has estimated, however, that the total loss on the British economy as a result of Brexit has been around \u00a355 billion.<\/p>\n<p>Vlieghe said Brexit has been a significant domestic&#8230;<\/p>\n<\/div>\n<p> <a href=\"http:\/\/www.presstv.ir\/Detail\/2019\/02\/16\/588729\/UK-Brexit-costs-central-bank-economist\">Read more<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>A senior economist at the Bank of England (BoE) says Britain has lost\u00a0\u00a340 billion a year since Britons voted to leave the European Union in a June 2016 EU referendum. Gertjan Vlieghe, a member of the BoE&#8217;s monetary policy committee, said the Brexit referendum inflicted a 2-percent loss on the UK economy, a figure which [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":396686,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[519],"tags":[],"class_list":{"0":"post-396685","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-newswire"},"_links":{"self":[{"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/posts\/396685","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=396685"}],"version-history":[{"count":0,"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/posts\/396685\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/media\/396686"}],"wp:attachment":[{"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/media?parent=396685"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/categories?post=396685"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/tags?post=396685"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}