The UK will fall into recession next year if there is a no-deal Brexit, the country's fiscal watchdog has said. The Office for Budget Responsibility (OBR) said economic growth would fall by 2% by the end of 2020 if it left the bloc without an agreement. It said this would push up public sector borrowing by £30bn. Fears of a no-deal outcome have risen recently, after both Tory leadership contenders said they would be willing to leave the EU without a deal. The UK is set to leave the European Union on 31 October. In its first assessment of the economic impact of a no-deal scenario, the OBR said the UK economy would ... (full story)