Tag: UK Full-blown

• Saturday, July 20th 2019 - 08:11 UTC

  UK Full-blown recession in a no deal exit from the EU?

  

  Britain might be entering a full-blown recession that a no-deal exit from the European Union would compound, blowing a 30 billion-pound hole in the public finances, a budget watchdog said. The Office for Budget Responsibility said the economy probably flat-lined or might have contracted in the second quarter.