Tuesday, 24 May 2016

Make your own mind up - but do read the report: shock or severe shock? The Treasury analysis of the short term impact of Brexit is here

The Treasury’s analysis of the short-term impact of Brexit offers us two scenarios for the two years following the referendum: a base ‘shock’ and a ‘severe shock’ scenario. The base case means 3.6pc less economic growth in the two years following Brexit, with inflation up 2.3 percentage points and house prices down 10pc.
The full report is here: