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‘Hard Brexit’ could mean U.K. recession, credit downgrades, S&P warns

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A recession caused by a hard Brexit, where the U.K. leaves the union without a deal in place, could last a year or longer, Standard & Poor's warns

 

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And if Donald Trump becomes president, the economy 'may never recover'!

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Similar News:You can also read news stories similar to this one that we have collected from other news sources.

RBS sends not-so-subtle warning on hard BrexitThe state-owned UK lender’s 100 mln pound provision to cover the risk of a messy UK exit from the EU is trifling given its loan-book size. Yet private UK banks have taken the same step less noisily. A decade after it was rescued, RBS still wears its public embrace uncomfortably.
Source: Breakingviews - 🏆 470. / 51 Read more »