NIESR: Britain’s exit from the European Union would be a shock for the country’s economy
The National Institute of Economic and Social Research (NIESR) said on Tuesday that Britain's exit from the European Union (EU) would be a shock for the country's economy. The economy would expand 1.9% next year, lower than 2.7% growth if Britain remains in the EU.
The pound would depreciate in the longer-term, declining to close to parity with the euro by 2030.
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