Economics

Brexit May Have Already Triggered U.K. Recession, Niesr Says

Niesr’s Jagjit Chadha says a no-deal Brexit could have a 3% negative impact on U.K. GDP.Source: Bloomberg

July 22, 2019 at 9:10 AM UTC

Updated on

July 22, 2019 at 9:35 AM UTC

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The U.K.’s planned exit from the European Union may have already pushed the U.K. into a technical recession, according to the National Institute of Economic and Social Research.