In the event of a 'no-deal' Brexit, growth could drop to zero, according to the National Institute for Economic and Social Research.
The National Institute for Economic and Social Research says that the UK economy has stalled and that there is a one in four chance the economy could be in recession. If the UK avoids crashing out of the EU without a deal, then the economy is forecast to grow 1% in 2019 and 2020. A"no-deal Brexit" could mean a stagnating economy for up to two years. View Markets Insider for more stories.
The National Institute for Economic and Social Research says that the UK economy has stalled and that there is a one in four chance the economy could be in recession. If the UK avoids crashing out of the EU without a deal, then the economy is forecast to grow 1% in 2019 and 2020. A"no-deal Brexit" could mean a stagnating economy for up to two years. View Markets Insider for more stories.
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