British economy 'will contract under no-deal, disorganised Brexit'

The British economy will contract this year under the worst possible outcome of a disorderly no-deal Brexit in March, but could rise 1.8% if something similar to the deal Theresa May stuck with the EU were to be agreed, a leading economics firm has predicted.

Capital Economics in London said "until the Brexit fog clears" its three main forecasts include the UK economy will contract 0.2% under a no-deal disorganised Brexit and grow 1% under an "organised" no-deal outcome.