Failure to seal post-Brexit deal would more than halve UK growth, says KPMG https://ift.tt/2IOLlIi Richard Partington Economics correspondent Accountancy firm warns of stalled economic recovery without EU trade agreement Failure to strike a post-Brexit trade deal would cut the UK’s economic growth rate by more than half next year, delaying a full recovery from the coronavirus pandemic, according to a report. The accountancy firm KPMG said the economy would suffer heavily should the UK fail to secure a trade deal with the EU before the end of the Brexit transition period at the end of December, just as the country attempts to escape the deepest recession since records began. Continue reading... https://ift.tt/eA8V8J November 18, 2020 at 02:01AM

Accountancy firm warns of stalled economic recovery without EU trade agreement

Failure to strike a post-Brexit trade deal would cut the UK’s economic growth rate by more than half next year, delaying a full recovery from the coronavirus pandemic, according to a report.

The accountancy firm KPMG said the economy would suffer heavily should the UK fail to secure a trade deal with the EU before the end of the Brexit transition period at the end of December, just as the country attempts to escape the deepest recession since records began.

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from The Guardian https://ift.tt/2IOLlIi