"Hard Brexit" would deliver GBP 135bln annual boost to UK economy

Dhwani Mehta FXStreet

BBC carried a report from pro-Brexit Economists for Free Trade on Sunday, citing that removal all trade tariffs and barriers would help generate an annual GBP 135bn uplift to the UK economy.

Key Points:

Prof Patrick Minford, lead author of a report from Economists for Free Trade, noted: "Hard" Brexit is "economically much superior to soft"

Eliminating tariffs, either within free trade deals or unilaterally, would deliver huge gains

Author

Dhwani Mehta

FXStreet

Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.

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