How ministers will try to protect UK economy in a no-deal Brexit
by Richard Partington Economics correspondent from Economics | The Guardian on (#48R2R)
Treasury mandarins plan emergency measures designed to avert recession
Treasury mandarins have lined up emergency measures to protect the UK economy from a potential no-deal Brexit in fewer than 50 days' time, with a series of growth-boosting measures designed to avert a recession.
News emerged this week of cross-Whitehall plans codenamed Project After, drawn up after the 2016 Brexit vote. As the likelihood of a no-deal Brexit grows, some ministers and officials have returned to the work in search of emergency levers to pull in the event of a downturn, the Guardian has been told. These are the options that could be open to ministers:
Continue reading...