A new report from the UK Trade Policy Observatory and the University of Sussex has put hard numbers to the potential impact of a no deal Brexit on British jobs. In the country as a whole, it is estimated that almost 7,50,000 jobs will be lost as a result of a no deal exit from the EU, representing 2.5 percent of all jobs in Great Britain. Worst hit, not only in terms of the absolute figure, but also the share of jobs being hit, is expected to be London. The almost 1,50,000 positions to go would equate to 2.9 percent of all jobs. Wales is seen to be the least at risk, proportionally speaking, with a slightly less daunting 2.2 percent of jobs forecast to go.

Share Market Live

NSE

Source: Statista.com

First Published:Dec 24, 2018 9:23 AM IST