Britain’s Brexit Divide Could Widen to 7% of GDP

• The disastrous showing for both the Conservatives and Labour party in the European elections has raised the likelihood of more extreme Brexit outcomes.
• The choice for lawmakers, and possibly the electorate, maybe between no deal or no Brexit.
• For the economy, the difference between those two outcomes is about 7% of GDP by 2030, according to Bloomberg Economics’ estimates.

(Source: Bloomberg)