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Is Britain heading for recession?

Lawrence Summers—"There is a better than fifty-fifty chance if a hard Brexit scenario appears"

By Jay Elwes  

An information screen at the London Stock Exchange displays the FTSE100. After an initial plunge post-Brexit it has rallied—but we are not be in the clear yet ©Yui Mok/PA Wire/Press Association Images

Read more: Brexit and the banks

The vote to leave the EU set off a period of extreme volatility in global markets. Both the FTSE100 and sterling…

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