UK economy will shrink without Brexit deal, IMF warns

Britain's Chancellor of the Exchequer Philip Hammond, and Christine Lagarde, International Monetary Fund (IMF) Managing Director, arrive at a news conference to mark the publication of the 2018 Article IV assessment of the UK at the Treasury in London, Britain, September 17, 2018. John Stillwell/Pool via REUTERS

LONDON (Reuters) – Britain’s economy will shrink if it leaves the European Union without a Brexit deal and it will suffer some damage whatever terms it agrees, the International Monetary Fund said on Monday, challenging the promises of some Brexit supporters. The Fund predicted Britain’s economy would grow by about 1.5 percent a year in […]

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