A Second Referendum? The Economics of Canceling Brexit

A Second Referendum? The Economics of Canceling Brexit

(Bloomberg) -- Parliament could take the first steps toward delaying Brexit on Tuesday, increasing the chances of a second referendum and of the U.K. staying in the European Union. If the electorate voted to remain in the bloc it would mean faster growth, according to Bloomberg Economics calculations. But it wouldn’t undo all the economic damage caused by the 2016 vote to leave.

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