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Brexit, an absolute self-inflicted disaster. Exhibit 1,876,914:

Economic isolationism is expensive. Trump and his tariffs should take note.

This is a heck of a thread with a 👀 punchline: 'Areas that voted most strongly for Leave have not suffered the largest economic costs. The correlation is weakly negative as Remain-voting areas (London, Scottish cities, university towns) bore the brunt. Brexit was a levelling up by levelling down'

This looks interesting

Brexit has cost the UK economy roughly 7-8% and the effects were more severe in Scotland and London, two regions which did not vote for Brexit: “Brexit was a levelling up by levelling down”

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New study of Brexit impact on nations and regions finds more successful places harder hit, especially Scotland (and London)

Britain did become more economically equal as a result of Brexit. By levelling down. Presumably, this is a good thing, if you are into the Spirit Level and all that?

17h

If the aim of Brexit was to bring down those fancy Londoners and annoying Scots a peg or two, it was a roaring success!

Fascinating stuff.

Fascinating. Looks like we were wrong to think Leave voting regions would be hit harder, and story is closer to Dhingra, Machin and Overman's one ideas.repec.org/p/cep/cepbxt...

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Paul Hünermund

Christopher Reader

Ben Rosamond

🧵 New working paper out today: "Measuring the Regional Economic Cost of Brexit: Evidence as of 2026" with @jacobedenhofer.bsky.social @trfetzer.com & Shizhuo Wang Here's what the data say about who paid the price in these 10 years from the referendum 1/…

Kirsty Hughes

David Henig

Rebecca Sear

This paper studies the local impacts of the increases in trade barriers associated with Brexit. Predictions of the local impact of Brexit are presented under two different scenarios, soft and hard Bre

ideas.repec.org

The Local Economic Effects of Brexit

Philip Cowley

Jonathan Hopkin

James

19h

🏴󠁧󠁢󠁳󠁣󠁴󠁿 Scotland is one of the hardest hit regions w ~9% GVA loss by 2023 The biggest sectors (whisky & food, oil & chemicals, professional services) make up 44% of its EU exports. Brexit erected barriers across all of them. And Scotland didn’t vote for this... brexitcost.org/itl1/TLM.htm... 4/...

John Springford

19h

Eleonora Alabrese

Brexit cost estimate for Scotland: −£27,357m GVA gap in 2023 (−14% vs. no-Brexit path). Synthetic control analysis — Brexit Cost Project.

Brexit Cost Explorer — Scotland

brexitcost.org

Brexit cost estimate for Scotland: −£27,357m GVA gap in 2023 (−14% vs. no-Brexit path). Synthetic control analysis — Brexit Cost Project.

brexitcost.org

Brexit Cost Explorer — Scotland

19h

Eleonora Alabrese