The OBR says under a no-deal Brexit Britain will enter a year-long recession in the fourth quarter of 2019, as revealed by Times this morning— Steven Swinford (@Steven_Swinford) July 18, 2019
By mid-2021 it says that GDPO will be 4 per cent lower than in March forecast, then economy will pick up
Have they included the effects of government interventions?
No!
As per page 256:
"There is no discretionary fiscal policy response"
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