Pound v euro: GBP exchange rate declines against EUR amid leaked Brexit report

Pound v euro: GBP exchange rate declines against EUR amid leaked Brexit report
 

The document looks at three possible Brexit scenarios, with a full free trade deal, single market access and no trade deal at all.
The papers suggest that up to 8 per cent of national income could be lost due to Brexit and that every region in the UK would be negatively affected by the split.
Official analysis suggests UK economic growth would be 5 per cent lower with a new trade deal, and 2 per cent lower under existing single market conditions.
While government officials have been quick to stress that the analysis does not cover the option of a bespoke deal, the limited chances of the EU... read more

 
30 January 2018 in Business, Views: 37
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