Brexit is not completed but has already hit the budgets of British families. According to analysts at the Centre for Economic Performance, the UK withdrawal from the EU costs £7.74, or $10.23 a week, or $533.9 a year, to ordinary British citizens. The experts based their calculations on weakening national currency, reduction of wages, and inflation growth.
After the referendum, the UK inflation is accelerating at the same pace as wages are decreasing. Income of an average British citizen contracted by 448 pounds, or 592 dollars a year. Thus, voting for Brexit costs the minimum weekly salary. Of course, non-British people may wonder isn’t it too much? Though true gentlemen do not discuss their salaries, British researchers gladly estimate it. "Had sterling not depreciated and the economy continued to grow at its previous rate, as would have been likely with an improving global backdrop, real household disposable income might have been more than 2 percent higher than now, worth over £600 per annum to the average household," economist Garry Young said.
However, any decision has consequences for which almost always someone has to pay. The decision to withdraw from the EU is getting more expensive every day. Now, the parties are discussing the size of the Brexit bill, which is expected to be huge. The European Union wants the UK to pay at least 60 billion euros.
