Brexit will have a devastating “iceberg” effect on Britain, with the benefits at the top being far outweighed by the negative impacts below the line.
A new graph has been revealed which details the cost of Brexit.
The benefits of de-regulation can be seen above the line, but they are far outweighed by the negative impact of immediate loss of access, regulatory divergence, customs and tariffs.
The graph has been leaked online a day after Donald Tusk warned that Brexit will make life “more complicated and costly than today for all of us“.
Jacob Rees-Mogg is in line for a huge personal windfall when Britain exits the single market
Since you are here
Since you are here, we wanted to ask for your help.
Journalism in Britain is under threat. The government is becoming increasingly authoritarian and our media is run by a handful of billionaires, most of whom reside overseas and all of them have strong political allegiances and financial motivations.
Our mission is to hold the powerful to account. It is vital that free media is allowed to exist to expose hypocrisy, corruption, wrongdoing and abuse of power. But we can't do it without you.
If you can afford to contribute a small donation to the site it will help us to continue our work in the best interests of the public. We only ask you to donate what you can afford, with an option to cancel your subscription at any point.
To donate or subscribe to The London Economic, click here.
The TLE shop is also now open, with all profits going to supporting our work.
The shop can be found here.
You can also SUBSCRIBE TO OUR NEWSLETTER .