UK growth will dip to 1% even if no-deal Brexit avoided, warns OECD

Prospect of crashing out of EU leaves UK more exposed to global financial risks, thinktank says

The UK's GDP growth rate will slip to 1% next year even if a no-deal Brexit is avoided, according to the Organisation for Economic Development and Cooperation.

The OECD said the economy would slow down from growth of 1.2% this year if parliament passes Boris Johnson's Brexit deal before the 31 January deadline, before returning to 1.2% in 2021.