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Brexit deal means ‘£70bn hit to UK by 2029'

brexit-referendum-uk-1468255044bIX.jpg?profile=RESIZE_710xBoris Johnson's Brexit deal will leave the UK £70bn worse off than if it had remained in the EU, a study by the National Institute of Economic and Social Research (NIESR) has found.

It concluded that GDP would be 3.5% lower in 10 years' time under the deal.

The independent forecaster's outlook is one of the first assessments of how the economy will fare under the new deal.

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BBC News

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