www.theguardian.com
6 months agoEurope politics
UK's flagship post-Brexit trade deal worth even less than previously thought, OBR says
The UK's transatlantic trade deal will deliver even less benefit to the economy than previously predicted, adding just 0.04% to GDP in the long run.
Bilateral deals with Australia and New Zealand may increase the level of real GDP by a combined 0.1% by 2035.
Previous estimates of the benefits of the UK's entry into the CPTPP ranged from 0.08% to 1% of GDP. [ more ]