Somerset County Gazette:
Taunton Deane economy could take a Brexit hit of 1.2% to 2.3%
3 August 2017
BREXIT will damage the economic performance of Taunton Deane, according to new report. The Centre for Economic Performance believes the economy in the district will take a 1.2 per cent hit under a sort Brexit - that is to say if Britain remains in the single market and the customs union. But a hard Brexit - leaving the two organisations - would see the economy suffer to the tune of 2.3 per cent. Molly Scott Cato, Green MEP for the South West, said: “This new study shows that both a hard and soft form of Brexit will have a devastating impact on the economic performance of our towns and cities across the South West.
Related publications
‘Brexit, Trade and the Economic Impacts on UK Cities’, Naomi Clayton and Henry Overman, Centre for Cities briefing, July 2017