read and sum up this article. Use your own words
B) BREXIT AND ITS CONSEQUENCES 📃 An extract from an article (euronews) Brexit damage: Is EU exit now hitting UK's economy harder than COVID … UK economy 'lagging far behind peers' In June, a study by the CER's Deputy Director John Springford examined the economic cost of the UK's departure from the EU so far , setting out to disentangle it from that of COVID-19. "Now that many advanced economies have recovered and are close to — or above — their pre-pandemic level of output, we can compare Britain’s economic performance to its peers. The results are troubling," he wrote. Springford compared the UK's performance since Brexit with those of countries with previously similar records. His "sobering" conclusion is that in the final quarter of 2021, GDP (gross domestic product) was 5.2% smaller, investment 13.7% lower, and goods trade 13.6% lower than what they would have been had the UK remained in the EU. "The UK had a part...