A budget for no deal

Both the British Government and the European Union insist that they do not want a “no-deal” Brexit. Yet it remains a possibility – and one which must be prepared for. That is why the Centre for Policy Studies has published this report, a major paper setting out the measures the Chancellor should consider in a no-deal scenario, designed to complement the Treasury’s own contingency planning. ‘A Budget for No Deal’ argues that the Government’s main priority, if a deal cannot be reached, should be to avoid the shock and disruption of no deal translating into a general crisis of confidence.

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