Bank of England warnings on a no-deal Brexit: recession and plunging pound

Thursday, November 29th 2018 - 08:35 UTC

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A no-deal Brexit could send the pound plunging and trigger a worse recession than the financial crisis, the Bank of England has warned. It said the UK economy could shrink by 8% in the immediate aftermath if there was no transition period, while house prices could fall by almost a third. The Bank of England also warned the pound could fall by a quarter. Read full article

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The Voice
Utterances of a moron. Project Hysteria! Mr Bean for PM…
Nov 29th, 2018 - 02:52 pm - Link - Report abuse 0
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