IMF chief highlights recession risk of no-deal Brexit | Business

The UK economy would rapidly start to contract in the event of a disruptive exit from the EU next spring, according to a stark International Monetary Fund report that highlights the recession risks of no deal. Christine Lagarde, the IMF’s managing director, said there would be “dire consequences” from a disorderly exit but added that …

Barnier expresses serious doubts about May’s Brexit backstop plan but denies rejecting it fully – Politics live | Politics

1) First: Is this a workable solution to avoid a hard border? The UK recognises that the proposals in its paper cannot qualify as a backstop since the issue of full regulatory alignment is not addressed. I repeat that we need regulatory alignment to avoid a hard border. How do we solve this issue? 2) …