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Cost of No Brexit Deal? 500,000 Fewer UK Jobs, New Study Shows

Published on Jan 11 2018 8:39 AM in Retail tagged: UK / jobs / Brexit / Paywall

Cost of No Brexit Deal? 500,000 Fewer UK Jobs, New Study Shows

What would happen if the U.K. leaves the European Union in March 2019 with no deal on the single market, customs union or transition arrangements?

London Mayor Sadiq Khan commissioned a study and the answer was half a million fewer jobs and 50 billion pounds ($68 billion) less investment by 2030.

Cambridge Econometrics analyzed five different Brexit scenarios, from the hardest to the softest form of Brexit, and broke down the economic impact on nine industries, from construction to finance.

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