UK's public spending watchdog warns of severe impact of no-deal Brexit

OBR says crashing out of EU would weaken economy and cause stockpiling of food

A chaotic and disorderly Brexit would have damaging consequences for the British economy and might trigger border delays and prevent aircraft landing from the EU, the government's economic forecaster has warned.

The Office for Budget Responsibility said Britain crashing out of the EU without a deal in six months' time was likely to harm economic growth, could lead to households and businesses stockpiling goods, and spark a sharp fall in the value of the pound.