Brexit deal impact ‘worsening’, economists say

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Brexit Deal Impact ‘Worsening’, Economists Say

Date: March 12, 2023

London, UK – The ongoing Brexit negotiations have taken a turn for the worse, with economists warning that the impact of the deal on the UK’s economy is worsening.

According to a report by the Institute of Economic Affairs, the UK’s departure from the EU is set to cause significant economic harm, with growth expected to slow down by 1.5% in the coming years.

The report also warned that the deal will lead to a reduction in investment, a decrease in trade, and a surge in unemployment.

"The evidence is clear: Brexit is having a devastating impact on the UK’s economy," said an economist at the Institute of Economic Affairs. "We are already seeing the effects of the deal, and it’s only going to get worse unless something is done to change the course of this negotiation."

The news comes as the UK and EU are set to meet for talks in Brussels, where they will attempt to iron out the final details of the deal.

Breaking News Tags: Brexit, UK Economy, EU, Politics, Business, Economics, News

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Meta Description: Breaking news: Brexit deal impact ‘worsening’, economists say. UK economy set to slow down by 1.5% in coming years. Get the latest news and updates on the Brexit deal and its impact on the UK economy.

Title: Brexit Deal Impact ‘Worsening’, Economists Warn

Keywords: Brexit, UK economy, EU, politics, business, economics

Brexit deal impact ‘worsening’, economists say

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