Article 2FN34 No-deal Brexit 'would put UK in worst trading position of rich nations'

No-deal Brexit 'would put UK in worst trading position of rich nations'

by
Peter Walker Political correspondent
from on (#2FN34)

Research finds no G20 countries interact with EU without arrangements over trade, as UK could do if it leaves without deal

If Britain leaves the European Union without a replacement trade deal its commercial links with the bloc will overnight become less favourable than any other major industrialised nation, a cross-party campaign has warned as Theresa May prepares to trigger article 50.

Research commissioned by the Labour MP Pat McFadden - a supporter of Open Britain, which campaigns for continued ties with Europe in the aftermath of Brexit - found that no members of the G20 group of richer nations currently interact with the EU without some sort of trade arrangement.

Related: The Guardian view on the Brexit negotiations: no deal is not an option | Editorial

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