The expected € 45bn ( $ 53bn ) to € 55bn due to the cost of leaving the EU is relatively insignificant compared with the " total effect of inflation " and the country 's dwindling productivity , including Robert Chote , the director of the Office for Budget Responsibility . He urged politicians to look at the wider picture and not dwell on the exact implications of the so - called divorce bill . Chote said the effects of Brexit would be less important than fixing the UK 's chronically low productivity .
The expected €45bn ($53bn) to €55bn cost to the UK of leaving the EU is relatively insignificant compared with the "total effect of Brexit" and the UK's dwindling productivity, said Robert Chote, the head of the Office for Budget Responsibility. He urged MPs to look at the wider picture and not dwell on the exact figure of the so-called divorce bill. Chote said the effects of Brexit would be less important than fixing the UK's chronically low productivity.