New study predicts Brexit will be disastrous for UK economy

The UK economy could become the weakest among OECD nations after Brexit, according to recent projections.

According to the Organization for Economic Cooperation and Development (OECD), the impact of Brexit on the UK economy is…

The multilateral think tank, which has its headquarters in Paris, France, has projected in its November forecast that the UK’s GDP will drop from 1.5% this year to 1.2% in 2018 and says that in 2019 - the official year in which the country is set to leave the EU - growth will drop still further to 1.1%.