Quote:
Originally Posted by Damien
The worst scenario is assuming we crash out without any contingency. That is quite possible albeit I think unlikely since I think both sides will find some sort of softer impact if worst comes to worse.
|
No Damien. The report is a worst case scenario of all the possibilities in the event of no deal.
It is not what no deal will bring but a possibility of what it could bring.
Quote:
|
The economic consequences of Brexit over the longer term will depend on the nature of the UK’s future trading relationships, other government policies, and ultimately the ingenuity and enterprise of the British people.
|
The only thing that is known is that there will be a short term financial hit in the event of a no deal brexit.
Anything else is based on supposition and assumption.