Brexit: UK jobs in peril

Pretoria News - - WORLD -

LON­DON: A study com­mis­sioned by Lon­don Mayor Sadiq Khan shows that al­most half a mil­lion jobs are un­der threat if Bri­tain fails to strike a deal on fu­ture re­la­tions with the EU be­fore it leaves the bloc.

The re­search re­leased yes­ter­day warns of a “lost decade” of sig­nif­i­cantly lower eco­nomic growth re­sult­ing in 482 000 fewer jobs and £50 bil­lion (R841bn) of lost in­vest­ment by 2030 if the worst-case sce­nario be­comes a re­al­ity.

Khan urged Prime Min­is­ter Theresa May to en­sure Bri­tain avoids this out­come.

This should be done by ne­go­ti­at­ing “a deal that en­ables us to re­main in both the sin­gle mar­ket and the cus­toms union”.

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