A report by the LSE has laid bare the financial impact of Britain leaving the EU Britain’s departure from the European Union cost the country approximately $34 billion in lost trade during the first two years under the EU-UK Trade and Cooperation Agreement (TCA), according to a new study by the Center for Economic Performance (CEP) at the London School of Economics. The report highlighted that small and medium-sized enterprises (SMEs) bore the brunt of the impact. Around 14% of UK firms that