UK government: the economic impact of Brexit will be wholly negative

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An analysis from the U.K. government anticipates entirely negative economic impacts from Brexit regardless of the terms of the exit deal, Buzzfeed News, which got its hands on the analysis, reports.

  • Top-line figures: Growth would fall by 8% over 15 years under a “no-deal Brexit,” 2% under a “soft Brexit” and 5% under a middle course. Nearly every economic sector would be hurt, with the exception of agriculture, along with every geographic region.

The bottom line: The British government is going to spend the next year or so in intense negotiations over a process its own analysis suggests will bring entirely negative economic consequences.

Posted in: Infographic of the day

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