Wednesday, 27 February 2019

Economy could be 9% weaker under no-deal Brexit, government says

Latest no-deal notice forecasts Northern Ireland to be hit hard and food prices likely to rise

The government has issued a bleak warning over a no-deal Brexit, estimating the UK economy could be 9% weaker in the long run, businesses in Northern Ireland might go bust and food prices will increase.

In an official document only published after repeated demands by the former Conservative MP Anna Soubry, the government also revealed it was behind on contingency planning for a third of “critical projects” in relation to business and trade.

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from World news | The Guardian https://ift.tt/2GNUsX7

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