Brexit will make UK worse off, government forecasts warn

[Algernon Moncrieff]

BBC News

Official figures say the UK economy could be up to 3.9% smaller after 15 years under Theresa May's Brexit plan, compared with staying in the EU.

But a no-deal Brexit could deliver a 9.3% hit, the new estimates say.

The prime minister said her deal was the best one available for jobs and the economy.

"Our deal is the best deal available for jobs and our economy, that allows us to honour the referendum and realise the opportunities of Brexit," Mrs May said at Prime Minister's Questions.

[mwooldri]

1. No shit Sherlock...

Whenever there is a divorce, both sides come off worse financially in the short to medium term. Brexit is the Mother of All Divorces... One that really isn't necessary in my opinion.

If not the EU, the UK should rejoin EFTA and develop EFTA as a EU lite for more Euroskeptic nations.

[mitch96]

2. How much do you want to bet that the pro brexit folks

will blame any shortcomings on May...
m

[struggle4progress]

3. "Look! Another successful Russian intervention!"