09:52 GMT +330 March 2017
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    Prominent UK Economists Think Brexit to Have Negative Effect on GDP - Poll

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    Hundreds of economists, members the UK Royal Economic Society and the Society of Business Economists, think that Brexit would somehow negatively affect the United Kingdom's GDP, a new Ipsos MORI poll revealed.

    MOSCOW (Sputnik) — Out of the 639 polled economists, 88 per cent think it is most likely that real GDP would be negatively impacted in the next 5 years, if the country leaves the European Union and the single market, the poll published Saturday said.

    As many as 72 per cent of the polled think Brexit would have a negative impact on GDP over the next 10 to 20 years, comparing only to 11 percent of those who think that a positive impact on real GDP would be the most likely outcome.

    A serious negative shock could be experienced by the British economy in case of the country leaving the European Union, 68 percent of the respondents assumed.

    UK nationals are set to vote on June 23 in a referendum on the country's EU membership, after Prime Minister David Cameron and the leaders of the 27 EU member states agreed in February to grant the United Kingdom a special status within the bloc. The rival campaigns officially started in early April.

    Earlier this year, rating agencies and major companies, for example, car manufacturer BMW, warned Britain about possible economic risks in case the country leaves the bloc.

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    Tags:
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    • Angus Gallagher
      These economists just echo what Cameron says. It's scare tactics. Such people are unable to quantify the cost of staying.
    • Britain is dead in the water whatever happens. It is a foul, stinky, noisy aggressive place overrun by foreigners who don't even bother to learn to speak English. It's nice if you're the Queen or one of her pals. For everyone else it's a s**thole.
    • Did you know it's only been called "UK" since 2008. They snuck it through in an Act of Parliament that nobody mentioned. Apart from the fact that the phrase "United Kingdom" contains a grammatical error (it should be "United Kingdoms"), what does it make the people? Are they now Ukish or what?
    • avatar
      professor.hornblow
      Economists are just glorified bean counters, the ones that fiddle and cheat the tax system on behalf of the rich. Their future depends on the vast sums of EU money swamping the coffers of their employers, the globalists.
    • avatar
      jasin reply toAngus Gallagher(Show commentHide comment)
      Angus Gallagher, And even if it isn't scare tactics, people have to vote against tyrants when they have the chance.
    • avatar
      Zhukov
      Lies from their US overlords.
    • avatar
      renfer
      Ha,ha,ha! Is UK so weak to be scared against the EU diktature?
    • Aon Duine
      Even if it did. Brexit is about freedom from the EUSSR. Stop framing this as an economic debate.
    • avatar
      terryjohnodgersin reply to (Show commentHide comment)
      Theon Lyreal, Wrong! There is Britain that includes England and Scotland and there is Great Britain which includes England, Scotland and Wales, and then there is the United Kingdom which includes, England, Scotland, Wales and Northern Ireland which has been that title as such for at least fifty years that I know of!
    • avatar
      terryjohnodgersin reply toZhukov(Show commentHide comment)
      Zhukov, No!. The US currently takes its orders from an amalgam of special groups that include The Committee of 300.
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