The effects would be mitigated by new trade deals and by cutting red tape, according to the report, which also said that these "highly speculative" gains have to be compared with the "relatively certain" losses from lost EU trade and reduced migration.
Whereas London's growth has easily surpassed that of Britain as a whole for most of the past 30 years, it would lag behind until at least 2024 after Brexit, said the report, which also looked at the impact on Manchester and Bristol.
London Fashion Week, which brings designers and their fashionista followers flocking to the capital, could become one of the most high-profile victims of Brexit, news reports said earlier this year.
Fashion industry bigwigs, politicians and lawyers say Britain's withdrawal could make must-have fashion styles on London's catwalks vulnerable to design theft, news reports said.
The British fashion industry's exports are thought to total 9.1 billion pounds, or 12.9 billion U.S. dollars, a year, and the industry supports around 177,000 jobs.
Concerns centre on complex but vital rules known as "EU unregistered community design rights." These protections mean designs first presented within the European Union (EU) -- currently including Britain -- cannot be copied by others in the bloc for three years.
They say the issue needs urgent attention or risks designers deserting London for Paris and Milan -- already powerful rivals.
【国际英语资讯:London more at risk from cliff-edge Brexit than rest of Britain, report says】相关文章:
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