“The new agreement will not only boost our economy and help raise living standards, but will also help unleash growth and prosperity,” Sadiq Khan said.
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Sputnik – In the UK-EU divorce, London's economy is now £30 billion (R$186 billion) smaller than it would have been without leaving the European bloc. Britain's exit from the European Union received the support of 52% of voters in the 2016 referendum that led to Britain leaving the bloc.
London Mayor Sadiq Khan has blamed Brexit for costing the UK economy £140bn and called on the government to “urgently” rebuild relations with the EU to halt the deterioration.
“A hard-line version of Brexit is dragging our economy down and raising the cost of living. The cost of the Brexit crisis can only be resolved if we adopt a mature approach and are open to improving our trade agreements with our European neighbours.” The president's office said, according to Bloomberg.
The UK's divorce from the European bloc also means there are two million fewer jobs across the country than there would have been, including 290,000 lost jobs in London, according to Cambridge Econometrics research commissioned by the city council and cited by the media.
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Khan added: “We urgently need to build a closer relationship with the European Union. The new agreement will not only boost our economy and help raise living standards, but will also help unleash the growth and prosperity we need.”
Britain's economic output would have reached £2.34 billion (R$14.5 billion) in 2023 if the country remained within the EU, 6% more than the £2.2 billion (R$13.6 billion) it recorded, according to Cambridge Econometrics.
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