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© Palinchak | Dreamstime.com - Prime Minister of the United Kingdom Theresa May

Economists have warned that trade is likely to come to a halt if the UK fails to negotiate a deal in leaving the European Union.

Contrary to claims from Theresa May on her campaign trail that “no deal is better than a bad deal”, the chief economist and director of policy at ADS Group, Jeegar Kakkad, said no deal would be the “worst” option.

“A bad deal is one with regulatory and economic divergence,” he said. “It may require more forms be filled out, ...

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  • David Snell

    May 19, 2017 at 2:28 pm

    Am I missing something in all these discussions?? Anyone would think that it is governments – rather than individuals and companies, who trade overseas. Governments (with the possible exception or weapons deals) do not buy and sell goods, companies do that. A trade deal isn’t what it sounds…rather it is an arrangement to help facilitate exports and imports. UK companies will continue to export and import after BREXIT, regardless of what trade deals are agreed….

  • David Stevens

    May 19, 2017 at 2:42 pm

    I agree with you D Snell, what complete and utter nonsense although reading this article you would think the UK is doomed trade wise or are these fake scenarios opposed fake news or even wishful thinking on behalf of those scaremongers with a vested interest in such doom & gloom?