Brexit ‘twice as bad’ for Britain’s economy as Covid
Brexit ‘twice as bad’ for Britain’s economy as Covid
Britain voted to leave the EU in 2016 (Picture: Getty)
Brexit will be more harmful for the UK’s economy than Covid-19, the official public finance forecaster predicted.
The Office for Budget Responsibility chairman Richard Hughes said it would ‘reduce our long run GDP by around 4%’.
In addition, the coronavirus will reduce gross domestic product by a further 2%, he told the BBC.
Mr Hughes said:…