The North faces a 12% drop in GDP in ‘no deal’ Brexit scenario, says UK government
The North could face a 12% drop in its GDP if there's a ‘no deal’ Brexit.
Details of the British government's own analysis of the impact on the economy have been revealed.
A free trade deal would see the North’s GDP hit by 8%, while a single market deal would see a 2.5% GDP fall.
The numbers were prepared by the UK’s Department for Exiting the European Union.
British Prime Minister Theresa May held a key committee meeting with colleagues earlier, and they'll meet again tomorrow.
