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Brexit is already undermining the economy—how much worse could it get?

If you leave an economic super-bloc, you pay the price

By George Magnus  

Photo: Victoria Jones/PA Wire/PA Images

The Conservative Party set out with strident Brexit intentions. Yet we have been left with a constitutional crisis, political chaos, corrosion of our security, self-belief and values, and growing risks to the economy. As I write, after initial May-Corbyn talks, no-deal seems less likely, but all of us are mere on-lookers in a remarkable political drama that evolves daily.

Even though a no-deal outcome might prove highly damaging, it was never and isn’t sustainable. Sooner or later, the…

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