It added that this was due to the North’s reliance on EU markets, which are responsible for 10.2% of its gross domestic product. Contrastingly, EU trade accounts for only 7.2% in London.
Many northern regions were suggested to be 50% to 60% more dependent on trade with the European Union than London, making them more susceptible to the negative effects of Brexit.
Cumbria, East Riding and North Lancashire were found to have the highest dependence, meaning they would be the hardest affected.
With Brexit being one of the biggest challenges facing the North in the coming years, IPPR North urged millennials and generation Z to “unlock northern potential” in a much more effective manner than their predecessors.
In a decade, the younger generation will make up a majority of the North’s electorate and two-thirds of the working age population, but IPPR North senior research fellow Luke Raikes said they would inherit a huge number of challenges.
“Climate change is likely to have severe effects, robots and automation could threaten their job opportunities, and they will have to pay for the care of older people who will live much longer than ever before,” he said.
“They didn’t cause these problems but they will have to find the solutions.”
Raikes added that while the North had the assets to tackle these challenges, these had been “wasted and run down” by the government over the past century.