Brexit deal means ‘£70bn hit to UK by 2029' bbc.com

The UK economy will be 3.5% smaller than if it had stayed in the EU, claims a new study.
Boris Johnson's Brexit deal will leave the UK £70bn worse off than if it had remained in the EU, a study by the National Institute of Economic and Social Research (NIESR) has found.

It concluded that GDP would be 3.5% lower in 10 years' time under the deal.

The independent forecaster's outlook is one of the first assessments of how the economy will fare under the new deal.

But the Treasury said it plans on a 'more ambitious' agreement with the EU than 'NIESR is basing its findings on'.