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No-deal Brexit to spark year-long UK recession: govt forecaster

twitter-logo PTI        Last Updated: July 18, 2019  | 15:29 IST

London, Jul 18 (AFP) Britain will slide into a year-long recession should it leave the European Union without a deal with Brussels, the government's official forecaster said Thursday. "The UK enters a year-long recession in the fourth quarter of 2019" should Britain depart the bloc on October 31 with a "no-deal, no-transition Brexit", the Office for Budget Responsibility predicted in a report. AFP NSA

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