80s band Kajagoogoo have released their long-awaited assessment on the economic effects of Brexit, and how it will affect the band. The report was written by a set of academic experts and lead singer Limahl.
The report concludes that Kajagoogoo will not notice the effects of Brexit at all as they are all millionaires, except for former drummer Steve who now works in Tesco, and may find his job at risk.
It is the most in-depth publicly available analysis on the effects of Brexit, so has attracted significant press attention. Limahl said that he commissioned the report because he thought that Prime Minister Theresa May had been "too shy" in explaining to the British people what Brexit would mean. He also said that he was fed up of reading about Brexit and that it was turning into a "never-ending story".
Limahl separated from the band Kajagoogoo in 1983 at the height of its success, to pursue his own record deal. He says, "In a way, I did my own version of Brexit in 1983 - although we call it Limexit. It worked out well for my first album, but then I faded into obscurity until the inevitable reunion in 2003. So I expect the same thing to happen to the UK."