The uncertainty will be lifted. Businesses will know where they stand. Our politics can return to something approaching normality, and the government can get on with tackling all the other issues the country faces. Whatever the precise pluses and minuses of Boris Johnson’s Withdrawal Agreement for getting out of the EU, you might think that finally resolving the issue would be helpful for the economy.
Except apparently not. Just when you might think we had seen enough forecasts of this deal or that to last several lifetimes along comes the National Institute of Economic and Social Research with the alarming news that not only will leaving the EU make us poorer, this particular way of leaving will make us even poorer than Theresa May’s deal.
By how much? Apparently by the end of the 2020s, the UK will be £70 billion worse off.
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