There were warnings that Britons will be worse off in the aftermath of any kind of Brexit this week, with reports from Whitehall and the Bank of England suggesting that the pound will weaken, the economy will slow and house prices will fall.
The Bank of England said that in the worse case scenario a no-deal Brexit would cause a deep recession, the likes of which has not been seen since the 1930s. The pound fell against the euro after the reports, while the FTSE 250 index slid.
Theresa May is in the process of trying to sell her draft withdrawal agreement to MPs, who are due to vote on it on December 11. It’s unclear whether Parliament will endorse the agreement with members on