GDP is predicted to be 3.9 per cent lower by 2030 under the prime minister’s deal SEAN GALLUP/GETTY IMAGESTheresa May’s Brexit deal will leave the UK’s GDP about £1,000 lower per person than if the country remained in the EU, according to an economic analysis. A report by the National Institute of Economic and Social Research think tank said that under the prime minister’s plan to leave the EU in March 2019, have a transition period until the end of 2020, then leave the customs union and have a comprehensive free trade agreement, GDP would still fall significantly. In 2030, the forecast said, it would be 3.9 per cent lower than if the UK had remained in the EU. The report was commissioned by the People’s Vote campaign but conducted independently. The researchers said the fall was “largely because higher impediments to services…

Source: The Times November 26, 2018 00:00 UTC