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Former Chief Economist at WTO: no-deal Brexiteers are playing fast and loose with the facts

A WTO Brexit would be wrenching, costly and fraught with uncertainty

By Patrick Low  

Containers wait to be moved from an APL (American President Lines) shipd docked at the DP World Southampton Container Terminal

Irreconcilable political passions and the clock may yet conspire to force the UK out of the EU without a deal on 29th March 2019. These days Ladbrokes is putting even money on that eventuality.

In descending order of likelihood, three possible pathways to save the UK from crashing out of the EU are a time-bound extension of the status quo,a cobbled-together deal at the last minute, and a “people’s vote” to reverse Brexit.

Failing any of these, the only place the UK can go to define…

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