Leaked Document Signals Bad News For Northern Ireland
News

Leaked Document Signals Bad News For Northern Ireland

David Layde By David Layde - February 8, 2018

A leaked British government report says Northern Ireland would suffer a 12 per cent drop in GDP in the case of a 'no deal' Brexit. Parts of the study, titled the 'EU Exit Analysis - Cross Whitehall Briefing', were leaked last week.

The paper looks at the possible hit to GDP over the next decade-and-a-half from Britain leaving the EU, compared with the UK remaining full members of the bloc. It says if the UK stays in the customs union and free trade area post Brexit, the north would take a 2.5 per cent hit.

Downing Street insists the research doesn't consider the final package the British government is aiming for. The findings suggests that London will get off most lightly from Brexit. That's with growth reduced by just 3.5 per cent, even with no deal.

The British Prime Minister will chair another meeting of her Brexit cabinet later after official projections of how it could affect the economy were leaked.

Last night Theresa May addressed a Tory party fundraiser saying she has an 'ambitious' plan for the UK after leaving the EU.

Feature Image : Shutterstock

Advertisement

Don’t forget you can keep up-to-date on all things Nova over on our Instagram page – follow us for all the craziness of radio life coupled with news, sports and LOTS of cool competitions! Click here…

 

 

 

Tags
David Layde

Broadcast Journalist and Online contributor for Nova.ie, keeping you up to date with all things news, sport and entertainment.

On the airwaves or online I am keen to keep you up-to-date with the latest breaking news story. I’m also a passionate music lover; if I’m not listening to music or writing about it, you’ll find me at a gig in town.

Claim to fame: I once chased after Perry Farrell as he drove away in a golf cart!!

Related Articles

UK Labour 's Corbyn Calls For Protection Of Good Friday Amid Brexit

UK Labour Party Seek Legal Security On Border In Brexit Deal

Good Progress Has Been Made On Brexit

Loading