Economics
Deal or Not, Brexit Is Seen Hampering U.K. Economic Rebound
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Leaving the European Union’s single market will drastically undermine the U.K.’s recovery from a slump caused by the coronavirus pandemic, according to KPMG.
Britain’s economy will expand 7.2% next year, according to forecasts from the consultancy that assume the two sides can strike a trade deal. That’s 2.9 percentage points lower than it would have been if the country maintained its current relationship with the bloc.