Brexit could cost Britain 100 million pounds
11:12 | 23/03/2016 Global Economy
Leaving the EU might cost the UK 100 billion pounds in lost economic output by 2020, equal to 5% of total GDP, the Confederation of British Industry (CBI) reported on Sunday.
A stall holder sells t-shirts with a slogan urging British people to leave the EU (Photo: Reuters)
CBI Director-General Carolyn Fairbairn said Brexit would be a real blow to living standards, jobs, and growth for the UK. 950,000 British people could lose their jobs by 2020, increasing the unemployment rate by 2%.
British will vote on whether to leave or stay in the UK on June 23rd./.
Source: VOV5
Theo ven.vn
Lastest news
- Indonesia, China sign economic deals worth over US$23 billion
- IMF sees emerging Asia as top global growth engine
- Chinese, Japanese trade ministers pledge to enhance economic cooperation
- China's largest trade fair opens
- Singapore tightens monetary policy
- World trade growth expected to remain strong in 2018 at 4.4 percent: WTO
- EU extends sanctions on Iran over human rights violations
- World Bank raises Thailand’s 2018 growth forecast
- SE Asia confident of growth despite trade tensions: ASEAN
- RoK’s economy maintains modest growth pace
More news
- US tariffs on China may simply widen door to other countries
- Japan braces for Trump assault on trade, yen policy as summit looms
- Workers at risk as robots set to replace 66m jobs, warns OECD
- White House pushes preliminary NAFTA deal in Peru next week
- Saudi Arabia seen cutting May crude prices to Asia: survey
- Japan, China prepare to revive high-level economic dialogue
- US upbeat about fast NAFTA deal, Canada says much work is left
- Thailand wants to join CPTPP this year: Deputy PM
- US economic growth rate revised up to 2.9 percent in fourth quarter
- India, China agree to draw roadmap to address trade deficit
