Claim: One estimate of the "economic cost" of Brexit, £130 billion, now exceeds what we've paid in to the EU over 47 years.
Fact-check: Has the "cost of Brexit" amounted to more than the UK's total net contributions over 47 years? - Full Fact
Verdict: there's no definitive figure for the economic impact of brexit. the analysis this is based on estimates the uk's gdp is £130 billion lower in 2019 than it would have been had it followed pre-eu referendum trends. between 1973 and 2018 the uk's net contribution to the eu was £216 billion in real terms.
Organisation: Full Fact
Author: Claire Milne
Date published: 2020-01-23T00:00:00