A report published Tuesday by think tank UK in a Changing Europe warned of the implications of going into 2021 without a Brexit deal on trade and future relationship issues, The Guardian newspaper reported.
Jonathan Portes, one of the authors, said:"COVID-19 pandemic and Brexit are major shocks for the UK economy. The interaction of the two is complex and uNPRedictable, with the potential to amplify some impacts while moderating others."
"On balance, the pandemic probably does make the economic risks of exiting transition on January 2021 without a trade deal larger, but considerable uncertainties remain," Portes said.
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