Britain | No-deal Brexit briefs
What would a no-deal Brexit mean for the economy and financial markets?
In the event of a recession, neither the central bank nor the government would have much room to respond
The Economist is running a series of articles on the potential impact of a no-deal Brexit on everything from trade to the island of Ireland, immigration to universities, cars to retailing. This piece looks at the economic fallout.
The impact of a no-deal Brexit would show up almost immediately in financial markets, more slowly in the wider economy. There would be three big things to watch with regard to markets: government-bond yields, share prices and the value of the currency.
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