Britain ‘could survive no-deal Brexit with AAA rating intact’
In the meantime, the UK will “grow at a slower pace than under no Brexit”. However, it claimed that “in the absence of a disorderly no-deal exit, the initial shock to the UK economy has to some extent already fed through”. It cited research by the Centre for European Reform, which estimated the cost at 2.3 per cent of GDP since the June 2016 referendum.