By clicking on the "Accept & Close" button, you provide your explicit consent to the processing of your data to achieve the above goal.
The UK would be significantly worse off under all possible Brexit scenarios in 15 years' time according to a benchmark economic analysis produced by a number of government departments - in the event of a ‘no deal’ Brexit, the British economy will be 7.7 percent smaller.
Whitehall officials modelled several plausible scenarios — and Chancellor Philip Hammond said the UK would be worse off post-Brexit "if you look at this purely from an economic point of view" — although no scenario followed the deal Prime Minister Theresa May agreed with EU officials. The Chequers scenario — with 50 percent higher non-tariff barriers — concluded GDP would be 2.1 percent lower in 2035/36.
The Norway EEA scenario, favoured in some quarters, would see GDP contract by 1.4 percent in 15 years' time, while under a Canada-style deal, advocated by Boris Johnson and David Davis, the UK would be 4.9 percent worse off.
All scenarios were based on the assumption EU migration rules remain roughly unchanged after secession — and the UK succeeds in signing free trade deals with the United States and other major non-EU economies such as China, India and Australia. If migration rules are tightened, resulting in zero net migration from the European Union and the European Economic Area, GDP would be 1.8 percent lower in 2035/36.
A regional breakdown showedthe north-east of England would be worst affected by leaving the EU in a no-deal scenario, followed by the West Midlands, the North-West and Northern Ireland. In the best-case scenario, London and the south-east would be the worst affected, although the overall GDP impact would be lower. Scotland, Wales and Northern Ireland would be least affected.
In response, former Brexit secretary David Davis said prior Treasury forecasts "have almost never been right and have more often been dramatically wrong." Predictions the UK economy would contract by 2.1 percent in the 18 months after a Brexit leave vote were unfounded, he added, as the UK economy has in fact grown 2.8 percent.
The fact of registration and authorization of users on Sputnik websites via users’ account or accounts on social networks indicates acceptance of these rules.
Users are obliged abide by national and international laws. Users are obliged to speak respectfully to the other participants in the discussion, readers and individuals referenced in the posts.
The websites’ administration has the right to delete comments made in languages other than the language of the majority of the websites’ content.
In all language versions of the sputniknews.com websites any comments posted can be edited.
A user comment will be deleted if it:
does not correspond with the subject of the post;
promotes hatred and discrimination on racial, ethnic, sexual, religious or social basis or violates the rights of minorities;
violates the rights of minors, causing them harm in any form, including moral damage;
contains ideas of extremist nature or calls for other illegal activities;
contains insults, threats to other users, individuals or specific organizations, denigrates dignity or undermines business reputations;
contains insults or messages expressing disrespect to Sputnik;
violates privacy, distributes personal data of third parties without their consent or violates privacy of correspondence;
describes or references scenes of violence, cruelty to animals;
contains information about methods of suicide, incites to commit suicide;
pursues commercial objectives, contains improper advertising, unlawful political advertisement or links to other online resources containing such information;
promotes products or services of third parties without proper authorization;
contains offensive language or profanity and its derivatives, as well as hints of the use of lexical items falling within this definition;
contains spam, advertises spamming, mass mailing services and promotes get-rich-quick schemes;
promotes the use of narcotic / psychotropic substances, provides information on their production and use;
contains links to viruses and malicious software;
is part of an organized action involving large volumes of comments with identical or similar content ("flash mob");
“floods” the discussion thread with a large number of incoherent or irrelevant messages;
violates etiquette, exhibiting any form of aggressive, humiliating or abusive behavior ("trolling");
doesn’t follow standard rules of the English language, for example, is typed fully or mostly in capital letters or isn’t broken down into sentences.
The administration has the right to block a user’s access to the page or delete a user’s account without notice if the user is in violation of these rules or if behavior indicating said violation is detected.