• Bank of England has released an apocalyptic no deal Brexit scenario.
  • Under a “disorderly” Brexit scenario, the UK economy could shrink 8% in a single year, its worst recession since at least the Second World War.
  • The pound could also fall 25% to the lowest level against the dollar in history.
  • Unemployment and inflation would also surge, with unemployment hitting 7.5%, almost double its current rate.