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London The chances of Britain leaving the European Union with a deal on October 31 are fading fast. That's likely to leave the country facing a general election which could lead to a 'no deal' Brexit or a new coalition government led by leftwinger Jeremy Corbyn that would give voters the chance to remain in the European Union.
Business hates the chaos that would accompany the first of those two scenarios. It would prefer Britain to remain in the European Union but has deep misgivings about Corbyn's tax and nationalization agenda. A new report published Tuesday by the independent Institute for Fiscal Studies , an economic research institute, in association with Citigroup, examines the economic consequences of both potential outcomes.
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EU slams Boris Johnson as UK releases Brexit contingency plansBritain published 'no-deal readiness' plans to reassure businesses and voters and suppliers of medical goods. Meanwhile, EU Council President Donald Tusk accuses PM Boris Johnson of 'stupid' Brexit blame game.
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No-deal Brexit likely to push UK budget deficit to 100 billion pounds - IFSBritain's budget deficit is likely to more than double to around 100 billio...
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UK economy starts to show cracks under Brexit and global strainsBritain's economy is increasingly showing signs of strain as the Brexit cri...
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UK source: Unless EU compromises, then there will be a no-deal BrexitUnless the European Union compromises and does a Brexit deal shortly, then the U...
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Britain believes the EU is not negotiating seriously on Brexit: UK sourceThe British government does not believe the European Union is negotiating seriou...
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UK economy starts to shows cracks under Brexit and global strainsBritain's economy is increasingly showing signs of strain as the Brexit cri...
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