UK can avoid no-deal Brexit recession, says economic forecaster

Blow to economy could be softened with planning from government and EU, claims the NIESR

Britain could avoid slumping into a recession in the aftermath of a no-deal Brexit, according to one of Britain's leading economics forecasters.

The National Institute of Economic and Social Research (NIESR) said the blow to the economy from a disorderly departure from the EU could be softened by contingency plans being put in place by the government and by Brussels. Ministers could also reduce the impact with tax cuts and additional public spending, further limiting the damage.