Brexit move has shrunk U.K.'s economy by 5%, Goldman Sachs economists say

The British economy is 5% worse off since the EU referendum in June 2016 , Goldman Sachs economists say.

The decision to leave the EU has stalled trade and investment activity in the country, they say.

Britain ’s lackluster performance can be seen in how the U.K. economy has flatlined since the COVID-19 pandemic.