Published: Sat, January 13, 2018
Worldwide | By Gretchen Simon

United Kingdom won't pay to access single market post-Brexit

United Kingdom won't pay to access single market post-Brexit

There's no mention of Northern Ireland, or the Republic, in the study by Cambridge Econometrics.

"London does least worst, because we have a higher concentration of high-value jobs, we are more resilient, more able to recover from economic shock, which could lead to the inequalities between London and the country getting worse ..." he said on BBC Radio 4's Today programme.

In the case of a no-deal hard Brexit, with 29,000 fewer jobs by 2030 than if we remained in the Single Market and Customs Union.

New independent assessments of the potential impact of Brexit have revealed the extent of the possible economic risks - and human cost - at stake in the European Union withdrawal negotiations.

It says that while London would suffer in a no-deal departure, it would fare better than the rest of the United Kingdom - nationally, the most damaging sort of Brexit would see economic output up to 3.3% lower in 2030 than would be the case with the status quo, which would widen inequalities.

In a first, women in Saudi Arabia attend a soccer match
This easing of the strict gender segregation was announced as a part of Crown Prince Mohammed bin Salman's ambitious reforms. The Saudi government said last week women would be allowed to attend a second match on Saturday and a third next Thursday.

Government figures were reportedly looking into a "tailor-made" trade deal, with the United Kingdom remaining tied to the bloc's financial markets, The Times claimed.

The report concludes that while every Brexit outcome would harm the United Kingdom economy, "the harder the Brexit, the more severe the economic damage could be".

"The Prime Minister gave an overview of the UK's position and updated on Brexit negotiations -- including the UK's aim to agree an implementation period by the end of March", he added. The analysis does however highlight the scale of the comparative risks associated with each scenario and potential outcome from the negotiations.

At Thursday's meeting May asked the finance titans to "emphasise the benefits for Europe as a whole of the UK's financial centre" during any conversations they have in European capitals, the Downing Street spokesman said.

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