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Expect a calm dismantling of Britain’s key industries over a decade, says Tom Kibasi of the Institute for Public Policy Research
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The Guardian's Tom Kibasi ponders Britain's post-Brexit future, arguing that no-deal isn't going to be disorderly as some people fear. He foresees the EU gradually imposing order, but in doing so, see key industries being dismantled, and the UK lacking the domestic production capacity to engage in meaningful import substitution.
As a result, he sees living standards as falling - as prices rise - but the prospect of no-deal is, in his eyes, mercifully slim.