Leaked Brexit forecasts predict grim times ahead for the UK


Theresa May's Brexit "war cabinet" is set to meet again on Thursday against the backdrop of the leaks, which reveal the regions and sectors of the economy which face being hardest-hit by withdrawing from the European Union.

Jude Kirton-Darling, Labour MEP for the North East of England, added: "As disquieting as this may be, it is unfortunately only the beginning of a string of bad news to come out of the leaked impact assessment papers, and the direct result of the Tories being incapable of negotiating a Brexit deal that won't drain all money and economic prospects out of the North East".

It will enshrine in law that the default position is to keep Northern Ireland in the single market and customs union unless a bespoke deal is agreed which maintains full regulatory alignment in a different way.

According to Sky News sources the North East could get an 11 per cent hit even if a comprehensive free trade agreement is reached.

Another Labour MP and Remain supporter, Chuka Umunna, said: "The Government's own analysis of the economic hit to GDP from a "no deal" Brexit would be 16% to North East England and 12% to Northern Ireland - and still Tory Brextremists agitate for this!"

Overall, the United Kingdom is predicted to suffer a 1.5% drop in GDP while remaining in the EU's single market via the European Economic Area (EEA), a 5% drop if it agrees a free trade deal, and an 8% drop if Britain leaves the EU without a deal and reverts to trading on World Trade Organisation terms. Whitehall calculated that the UK's growth would be down by eight per cent over 15 years under this scenario.

Prepared prepared by the Department for Exiting the European Union, the research showed the North East would take an 11 per cent hit to economic growth, under the Government's preferred outcome of a free trade deal with the EU.

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The 8% figures for "no deal" was said to amount to Scotland's economy being £12.7bn a year worse off.

'The Government need to start being clear what they are fighting for.

"People did not vote to make themselves poorer and should have the right to reject a bad deal on Brexit".

Asked during Prime Minister's Questions if she would see off any "threats" from the EU, Mrs May said: 'We will be robust in our arguments.

The UK government, which says it is working to secure the best possible deal for the whole of the UK, had argued that releasing the analysis to the public could damage its negotiations with the EU.

A Government spokesman said: 'This document does not represent Government policy and does not consider the outcome we are seeking in the negotiations.