SHARE
British government debt to rocket in event of no Brexit deal
© Cyprus Mail | British government debt to rocket in event of no Brexit deal

Government debt is set to rocket to levels not seen since the 1960s in the event of a no-deal Brexit, a leading economic think tank has warned.
The Institute for Fiscal Studies (IFS) said following last month’s spending review, Government borrowing was on course to top £50 billion next year, more than double what the Office for Budget Responsibility was forecasting as recently as March.
However, in the event of even a “relatively benign” no-deal Brexit, the IFS said ….. Read More On: Cyprus Mail

Article Source: Cyprus Mail
The contents of this article including any associated images are © Cyprus Mail