No-deal Brexit to wipe 2% off UK output initially, OBR says ...Middle East

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No-deal Brexit to wipe 2% off UK output initially, OBR says
source : Devdiscourse ( Middle East ) () 69
A failure by Britain to agree a free trade deal with the European Union would wipe an additional 2% off the country's economic output initially, the Office for Budget Responsibility said on Wednesday. The OBR had already forecast that output would fall by 4% in the long run, compared to the country remaining in the European Union, if Britain secures a free trade agreement with the bloc.

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