Britain's economy could lose the equivalent of 4% of output if the UK doesn't negotiate replacement trade deals as it leaves the European Union.
That's according to a report by the Institute for Fiscal Studies which recommends the UK pursues a deal including membership of the EU's single market.
Britain voted to leave the EU in June but has not yet started negotiations on its exit.
Laith Khalaf from stockbrokers Hargreaves Lansdown says any benefits from Brexit are far from secured.
IN: "Once we've…
OUT: …EU."
DUR: 31 seconds
http://www.fsnradionews.com/feeds/0810brexit-khalaf1.mp3
That's according to a report by the Institute for Fiscal Studies which recommends the UK pursues a deal including membership of the EU's single market.
Britain voted to leave the EU in June but has not yet started negotiations on its exit.
Laith Khalaf from stockbrokers Hargreaves Lansdown says any benefits from Brexit are far from secured.
IN: "Once we've…
OUT: …EU."
DUR: 31 seconds
http://www.fsnradionews.com/feeds/0810brexit-khalaf1.mp3