The S&P report said:
Unemployment would rise from current all-time low of 4% to 7.4% by 2020 – a rate last seen in the aftermath of the financial crisis;
house prices would likely fall by 10% over two years;
household incomes would be £2,700 lower a year after leaving without a deal;
inflation would rise, peaking at 4.7% in mid-2019;
London office prices could fall by 20% over two to three years, similar to the decline following the 2008 financial crash.
No-deal Brexit would trigger lengthy UK recession, warns S&P | Business | The Guardian
Unemployment would rise from current all-time low of 4% to 7.4% by 2020 – a rate last seen in the aftermath of the financial crisis;
house prices would likely fall by 10% over two years;
household incomes would be £2,700 lower a year after leaving without a deal;
inflation would rise, peaking at 4.7% in mid-2019;
London office prices could fall by 20% over two to three years, similar to the decline following the 2008 financial crash.
No-deal Brexit would trigger lengthy UK recession, warns S&P | Business | The Guardian
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