Brexit forces IMF to trim growth forecast
Impact could be worse if trade talks fail, fund warns
The International Monetary Fund and the European Commission have both issued separate reports on how Britain's vote to leave the EU will affect economic growth.
The commission, in its first full assessment ofthe Brexit impact, said the fall-out was likely to knock between one and 2.75 points off Britain's growth rate by 2017. In the euro area, it said growth was likely to be between 1.5 and 1.6 per cent this year, compared ...