UK Treasury analysis finds UK will be £150bn worse off under no-deal Brexit

The (Telegraph is out with some leaks on what to expect from the UK Treasury's Brexit forecasts that will be released on Wednesday morning (UK Time).

The Treasury will show the forecasts for the UK economy under various Brexit scenarios.

Key Points:

Treasury analysis finds the UK will be £150bn worse off under no-deal.

Analysis says GDP will be 7.6% lower under no-deal over 15 years than staying in EU, Chequers 1-2% lower, EEA 1.4%, FTA 4.9%.

Meanwhile, the Telegraph quoted a source from the UK government, as noting the following comments on Brexit.

Remainers will be able to say we are worse off under the PM's deal.
Eurosceptics will accuse us of Project Fear.

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