LEAVE HARD BREXIT LOSERS
South’s economy to be hit hardest
BREXIT will hit hardest in the South of England, according to new research.
But although the more prosperous cities of the South will lose the most, they will find it easiest to adapt.
The impact will be almost twice as tough in the event of a hard Brexit, which the research by Centre for Cities predicts will bring an average 2.3 per cent reduction in economic output across the UK.
This compares with a soft Brexit, which would result in a 1.2 per cent decrease. Andrew Carter, of Centre for Cities, a think tank, said: “All UK cities face significant economic challenges, but the impact of hard or soft Brexit will be felt very differently across the country.
“It is prosperous cities which will be hit hardest. But poorer places across the North and Midlands will find it tougher to adapt.
“The Government should do all it can to minimise the economic shocks by securing the best possible trade deal with the EU.”
BREXIT will bring customs chaos to the UK after it was revealed the Conservatives have failed to prepare for the millions of new checks needed at UK borders. 10 MOST affected places Aberdeen Worthing Reading Swindon Slough Edinburgh London Aldershot Leeds Ipswich 10 LEAST affected places Crawley Barnsley Burnley Hull Wakefield Mansfield Luton Telford Swansea Blackpool Reduction in economic output (%) -3.7 -2.8 -2.8 -2.8 -2.8 -2.7 -2.6 -2.6 -2.6 -2.6 Reduction in economic output (%) -1.1 -1.7 -1.7 -1.8 -1.9 -2 -2 -2 -2 -2