The tariff-free trade accord in goods that the U.K. and the EU signed on Thursday, days before the post-Brexit transition expires, should mitigate somewhat the consequences of Britain’s narrow decision, in 2016, to leave one of the largest trading blocs. The eleventh hour agreement averts a catastrophic ‘no deal’ scenario. This is borne out by the findings from the U.K. Office for Budget Responsibility. (Read More)
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