Executive Summary
To help better understand the uncertainties created by Brexit, a team from the Bank of England, University of Nottingham, and Stanford University has been running the Decision Maker Panel, a survey of around 7,500 business executives in the UK. The team found that Brexit has been an important source of uncertainty for many UK businesses. They estimate that this led to a 6% reduction in investment in the first two years after the referendum, with employment also around 1.5% lower. And Brexit is likely to reduce future UK productivity by around half a…
