Brexit 'will not cause a contraction in the economy'

A reduction in the economic growth forecast due to Brexit has been halved just weeks ahead of Britain exiting the European Union.

The government published a new study which now predicts that, with a free trade agreement with Britain, GDP will be 3.2% to 3.9% lower in 2030 than it would have been without Brexit as opposed to the 7% originally predicted in a crash-out exit for Britain.