UK’s Brexit deal estimated to cost almost $100 billion

A respected British think tank slammed Prime Minister Boris Johnson’s Brexit deal on Wednesday, concluding that the economy would be…

A respected British think tank slammed Prime Minister Boris Johnson’s Brexit deal on Wednesday, concluding that the economy would be 3.5% smaller over the next decade compared with staying in the European Union. The study by the National Institute of Economic and Social Research says the agreement would deliver a 70 billion-pound ($90 billion) blow to the U.K. Researchers said that the outlook is clouded by political and economic uncertainty.

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