Research shows Covid-19 and no-deal Brexit could cost UK US$174b a year | Malay Mail

📆 10/5/2020 9:16 PM
📰 malaymail

⏱ Reading Time:
17 sec. here
2 min. at publisher
📊 Quality Score:
News: 10%
Publisher: 86%

Law Law Headlines News

Law Law Latest News,Law Law Headlines

LONDON, Oct 5 — The combination of Covid-19 and a failure to secure a post-Brexit trade deal with the European Union could cost the United Kingdom around £134 billion (RM720 billion) each year in lost GDP for a decade, research by law firm Baker & McKenzie showed. Prime Minister Boris...

Monday, 05 Oct 2020 01:04 PM MYT

Prime Minister Boris Johnson has set October 15 as a deadline for clinching a post-Brexit trade deal which would kick in when the United Kingdom leaves informal EU membership at the end of this year. But without a trade deal, the cost of Brexit would increase to 3.9 per cent of GDP in the long run, Baker & McKenzie said.

Write Comment

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

Law Law Latest News, Law Law Headlines