Corbyn Government would be better than no-deal Brexit - IFS

Revoking Brexit best outcome for UK economic growth

The “most optimistic outlook” for UK economic growth for at least the next three years would be under a Jeremy Corbyn Government, according to the Institute of Fiscal Studies (IFS).

In its latest Green Budget, produced in association with investment bank Citi, the IFS put four Brexit scenarios under the microscope ahead of the current 31 October deadline and a potential general election. It found that a no-deal Brexit would hit the economy hardest and be "considerably worse" than all other possibilities, "even under a relatively benign scenario", according to Benjamin Nabarro and Christian Schulz, the authors of the chapter in the report. UK investors fear 'dangerous precedent' set by Jeremy Corbyn's share-grab policy They said: "We assume this would happen un...