International Monetary Fund Managing Director Christine Lagarde said Sept. 17 that leaving the European Union without a deal could hurt Britain's economy.
The sole economic modelling exercise showing material benefits for the UK from Brexit has been debunked as “doubly misleading”, further demolishing the argument that for Britain “no deal would be better than a bad deal” when it comes to the EU.
Ireland has said it will demand hundreds of millions of euros from Brussels if there is a no-deal Brexit, amid growing fears Britain is set to crash out of the European Union without an agreement. / Ireland is likely to be hit particularly hard by a no-deal outcome, with the country’s farming industry heavily reliant on trade with the UK.
Banking sector warns of 1930s-style crisis after no-deal Brexit: 'Social and economic catastrophe'
14/01/2019
A no-deal Brexit would be an economic and social “catastrophe”, a senior banking industry leader has warned.
Leaving the EU with no deal in place would cause 'irreparable harm' to the UK economy, business group warned.
Public spat as rating agency insists Theresa May’s Florence speech has not altered big picture of likely Brexit damage to the economy.
CBI appeals to Tory MPs to shift position to avoid a no-deal Brexit, or risk further harm to the economy.
No-deal outcome to hurt every UK region with northeast England hit hardest, study predicts
22/01/2019
Areas more heavily reliant on exports and manufacturing likely to be most severely damaged, Confederation of British Industry finds.
The Central Bank has warned that a no-deal Brexit could reduce the growth rate of the Irish economy by up to 4% this year.
Pressure mounts on Theresa May to take no-deal off the ta
The think tank study indicates GDP would be 2.3 per cent higher had the UK voted to remain in the EU.
Police fear the fallout from a "no-deal" Brexit could lead to "wide-scale disruption and dangers for the general public" and have warned they may not have the resources to cope.
No-deal Brexit is ‘biggest threat in a generation’ to Northern Ireland’s economy, warns Danske Bank boss
01/02/2019
The bank's UK chief said smaller businesses, which are 'the lifeblood of the economy' will be more at risk.
Bank forecasts worst year for UK since 2009
07/02/2019
The Bank of England expects growth this year to be the slowest since 2009 when the economy was in recession.
The UK has experienced a sharp slowdown in income growth while inflation has risen, warns the Resolution Foundation think tank.
Brexit cost set to dwarf NHS budget
21/12/2016
The overall cost of Britain’s break from Europe is expected to be an astronomical £220 billion over four years, dwarfing the NHS budget which was a focal part of the ‘Leave’ campaign.
Brexit uncertainty dragged U.K. investment to its worst slump since the financial crash a decade ago, leaving the economy with barely any momentum.
BoE economist warns no-deal Brexit would likely lead to interest rate cut. / Brexit has already cost the UK economy £40bn per year – or £800m per week – in the period since the EU referendum in 2016, according to Bank of England economist Jan Vlieghe.
The report by Scotland's chief economist makes a series of dire predictions.
Bill readied amid concerns over impact on agriculture, food processing and transport.
Latest no-deal notice forecasts Northern Ireland to be hit hard and food prices likely to rise.
No-Deal Brexit Papers: 10 Stark Warnings Amid Fears Over Food Shortages And Price Increases
26/02/2019
One-third of the most critical preparation projects are not on track for completion by March 29.
Dozens of companies have laid out plans to leave, yet the number of people jobless is at its lowest since the 1970s.
Annual growth will fall below 1% for first time in decade even with a deal, says thinktank.
How vulnerable each region is to economic disruptions from Brexit: Parts of Germany are especially vulnerable.