We think the Treasury (HMT) report, published today, suggesting that the UK will go into recession if it leaves the EU goes a bit far. Existing trading relationships will remain in place over the two year negotiating period and a fall in sterling, as well as monetary and fiscal policy responses could provide a partial offset to the hit to growth resulting from the uncertainty and market impacts of a Brexit.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services