No-deal Brexit could trigger 'year-long' UK recession

No-deal Brexit could trigger 'year-long' UK recession
Sterling could drop by 10 per cent after no-deal Brexit

The Office for Budget Responsibility also says tax and spending proposals made by Johnson and Hunt would be likely to increase government borrowing by tens of billions of pounds

The UK’s budgetary watchdog has warned that the country’s economy could be pushed into a year-long recession if it crashed out of the EU without a deal or a transition period.

It has also taken a swipe at the two contenders for the Conservative leadership, Boris Johnson and Jeremy Hunt, saying they have made “a series of uncosted proposals for tax cuts and...

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