Britain's economy will be worse off to the tune of nearly £6,000 per household if it leaves the European Union without a deal in a hard Brexit, the International Monetary Fund (IMF) has warned. In its annual assessment of the UK's economy, the Washington based institution said that UK gross domestic product, or national income, would be up to 7.8% lower if Britain faced a "no deal" Brexit and had to shift onto World Trade Organisation rules. It forecast the economy would be up to 3.9% weaker if the UK sought a free trade deal, such as the so-called Canada-plus being advocated by some Brexiteers. These ... (full story)