UK significantly worse off under all Brexit scenarios – official forecast
by Dan Sabbagh from Economics | The Guardian on (#43VW7)
Analysis produced by range of government departments suggests GDP could fall by 10.7%
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The UK would be significantly worse off under all possible Brexit scenarios in 15 years' time, according to a benchmark economic analysis produced by a range of government departments including the Treasury.
The keenly anticipated document concludes that GDP would have been 0.6% lower under the Chequers plan in 2035-36 - although that has been ditched after a revolt from the Conservative right - and 7.7% lower in the event of the UK crashing out with no deal, when compared with the UK remaining in the European Union.
Related: PMQs: Brexit analysis is meaningless, Corbyn tells May
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