All forms of Brexit will make the UK worse off according to new analysis published by the government.
The analysis has been drawn up by a cross government group, including the Foreign Office, Department for Exiting the EU, Home Office and the departments for Business and International Trade.
In every scenario, Britain’s economy is predicted to grow over the coming 15 years, but not as fast as it would have done without Brexit.
The pharmaceutical and automotive industries are both estimated to see a hit of more than 20% to their growth over 15 years – whereas it is suggested that both sectors would be barely affected under the terms of the most optimistic prediction.
The worst affected area would be the north-east of England, a result of the hit to manufacturing which Sky News revealed earlier in 2018 – https://bit.ly/2GXvuBu.
SUBSCRIBE to our YouTube channel for more videos: http://www.youtube.com/skynews
Follow us on Twitter: https://twitter.com/skynews and https://twitter.com/skynewsbreak
Like us on Facebook: https://www.facebook.com/skynews
Follow us on Instagram: https://www.instagram.com/skynews
For more content go to http://news.sky.com and download our apps:
Apple https://itunes.apple.com/gb/app/sky-news/id316391924?mt=8
Android https://play.google.com/store/apps/details?id=com.bskyb.skynews.android&hl=en_GB