Brexit deal 'will cost UK £100bn' by 2030, research suggests

The government's Brexit deal would leave the UK £100bn a year worse off by 2030, analysis by the National Institute of Economic and Social Research (NIESR) has claimed.

The study commissioned by the People's Vote, which wants a second referendum, said GDP would shrink by 3.9% annually.

"This is the equivalent of losing the economic output of Wales or the City of London," it said.

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