
No-deal Brexit Could Sink UK into Recession
The Bank of England warns sterling could plummet 25% and the UK economy could shrink 8% in a no-deal scenario
The Bank of England warns sterling could plummet 25% and the UK economy could shrink 8% in a no-deal scenario. Shankar Singham of the Institute of Economic Affairs reacts to Mark Carney's dire predictions. Meanwhile, we consider how Brexit is shaping Italy's relationship with the European Union. The ÃÛÑ¿´«Ã½'s Manuela Saragosa is in Italy's financial capital, Milan. With US president Donald Trump a prominent climate change sceptic, our US economic commentator, Irwin Stelzer of the Hudson Institute, tells us how much of a priority climate change currently is for American citizens. Plus US video streaming service Netflix has struck a deal to adapt several Roald Dahl books for a new animated series. The British entertainment reporter and author Caroline Frost tells us what has attracted Netflix to the Dahl universe.
(Picture: Bank of England Governor Mark Carney. Picture credit: Getty Images.)
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- Wed 28 Nov 2018 22:32GMTÃÛÑ¿´«Ã½ World Service