What impact would a no-deal Brexit have on the British economy? It’s an important question, as negotiations between the UK and EU continue, and we move ever closer to our departure from the European Union. The latest warning over the dire economic consequences of a no-deal Brexit comes from the International Monetary Fund (IMF). They have concluded that such an outcome, resulting in the UK operating in the future on World Trade Organisation terms, would mean “substantial costs” for the UK economy.
Economic growth warning from no-deal Brexit
This 640 word blog post describes a warning from the International Monetary Fund (IMF) on the impact for British economic growth of a no-deal Brexit. Written on 18th September 2018.