There will be no economic dividend from a Brexit deal and here’s why
James Moore says it will take months for firms to recover from stockpiling for a no-deal exit
Who’s going to be the first to start talking about a Brexit “deal dividend” emerging from Boris Johnson’s dismal offer? It’s a bit academic given that the European parliament has already promised to veto it. But I doubt that will prevent Britain from engaging in the pointless process of talking to itself. So hands up at the back now!
Whoever it is will be indulging in a fantasy, as an interesting piece of research published today by the Centre for Economics and Business Research (CEBR) makes very clear.
The forecaster has looked at inventory, and how it’s been affected by Brexit and firms’ stockpiling to prepare for a no-deal crash out.
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