Friday , August 19 2022

Without Britain's approval, the UK economy may fall


British Prime Minister Theresa Mai is in the House of Lords in London on November 28.
British Prime Minister Theresa Mai is in the House of Lords in London on November 28. Jessica Taylor / AP

What happens if the United Kingdom leaves the European Union without agreeing with Brussels? The Bank of England has responded to this question on Wednesday, November 28, and the forecasts are too weak. When assessing EU output scenarios, the entity expects a 25% decline in pensions if there is no agreement with Brussels.

Read our report on Liverpool: According to Breck, "people feel like they are"

In this dark scenario, the Bank of England will reduce UK gross domestic product (GDP) from 7.8% to 10.5% by 2024 without Bracket. Other indicators: unemployment rate to 7.5%, inflation to 6.5%, and real estate prices drop by 30%.

Even in close relations with the EU, GDP will decline from 1.2% to 3.8% by 2024, the Bank of England said. Brussels has to hold talks with Prime Minister Theresa Mai and vote on December 11 in the UK Parliament.

Also read Brechith: What scenarios are there if the British Parliament does not approve it?

I do not have a second referendum

"Our job is to not expect good, but worst training"British bank manager Mark Carney said at a press conference. As it was reported earlier, the government report in the fifteen years lost the GDP by 9.3%. In the absence of a consensus, the most affected sectors can be chemistry, with more than 20% of automotive and chemical production.

An article that is reserved for our subscribers Also read Breckside: Understanding the UK's withdrawal from the EU

Opponents of the United Kingdom left the Union and immediately abandoned the opportunity "False Promises" Brackets in the flourishing era, which controls the divorce on March 29, 2019. "There was no Chancellor this morning [le ministre des finances, Philip Hammond] ultimately acknowledges: we would be better off to EU"said Elison McGowern, MP.

The UK Prime Minister made a visit to the United Kingdom on Tuesday to protect the North Ireland agreement with twenty-seven EU countries. According to him, there is another agreement. If he denies the British MPs, the UK will meet with the Bessiest. me He also reaffirmed on Wednesday that he did not want a new referendum on the UK's withdrawal from the EU.

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