Home Business Life Bank of England has concerns about Brexit

Bank of England has concerns about Brexit

792
0

The central bank has warned that exiting the EU without a deal could trigger a more damaging recession for the UK economy than the 2008 financial crisis.

According to Bank’s analysis, GDP could fall by as much as 8% next year, house prices could fall by 30% and the unemployment rate could increase from its current level of 4.1% to about 7.5%, while interest rates could be forced to rise as inflation increased to 6.5%.

In contrast, the Bank also stated that Brexit deal also has the potential to encourage a boost in economic growth over the next five years, if Britain maintains the closest possible trading ties with the EU.

However, all possible outcomes are still worse than if Britain had voted to stay in the EU two years ago, with the Bank estimating that GDP starts all of its scenarios about 1% lower than it would had there been a vote for remain.


Yasal Uyarı: Bu yazıdaki bilgiler sadece genel bilgilendirme amacıyla verilmiştir. Kişi veya kuruma özel profesyonel bir bilgilendirme amacı güdülmemiştir. Konu ile benzerlik gösterse de her işletmenin kendi özel şartları nedeniyle farklı durumları olabilir. Bu nedenle, bu yazıda belirtilen bilgilerden yola çıkarak işletmenizi etkileyecek herhangi bir karar alıp uygulamaya geçmeden önce, uzmanına danışmanız menfaatiniz gereğidir. Muhasebe News veya ilişkili olduğu kişi veya kurumlardan hiç biri, bu belgede yer alan bilgilerin özel veya resmi, gerçek veya tüzel kişi, kurum ve organizasyonlar tarafından kullanılması sonucunda ortaya çıkabilecek zarar veya ziyandan sorumlu değildir.


 

Previous articleWTO takes action against Trump
Next articleUK car industry and Airbus support PM’s Brexit deal

LEAVE A REPLY

Please enter your comment!
Please enter your name here