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The Canada credit ratings agency, DBRS, colored a worst-case scenario for that UK economy soon after Brexit, claiming growth may grind to a halt by 2022.
Britain is due to depart the European Union in Goal 2019, before a 21-month move period kicks in having a full exit credited on December Thirty one, 2020.
In a presentation to brokers and asset leaders based in the City of Central london, DBRS said Thursday the immediate period just after 2020 could be difficult many years.
The ratings firm claimed that in its adverse scenario, sustained market growth would switch negative by across the middle of 2022, together with trade starting to get smaller around a year earlier.
The Co-Head associated with Sovereign Ratings at DBRS, Nichola Adam, said the government