Saturday, October 19, 2019

UK would lose £130bn in growth if Brexit deal passed, figures suggest

         According to recent British economic figures, the United Kingdom is expected to lose over £130 billion in economic growth if Boris Johnson’s Brexit plan is ratified by British parliament. Johnson’s Brexit deal with the European Union is a limited free trade deal, that is expected to strip 6.7% from the UK’s projected economic and GDP growth. According to these economic figures, the decrease in projected economic growth is significantly worse than the previous arrangement reached by former Prime Minister Theresa May. May’s deal was only expected to decrease economic projections by 3.9%. Boris Johnson’s trade arrangement would also decrease the projected GDP per capita by £2,250.


https://www.theguardian.com/business/2019/oct/17/uk-lost-gdp-growth-brexit-deal-passed-official-estimates

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