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Brexit will have 'worse economic impact on UK than EU'

From bbc.co.uk

Brexit will have a bigger economic impact on the UK than the European Union, the former head of the European Central Bank has told BBC Radio 5 Live. Jean-Claude Trichet added the break-up was "totally contrary to the new world" of large emerging economies, with single currencies and single markets. Asked how Brexit would affect the other EU countries, he said: "It's very much a question of proportion." The EU's economy is worth about £13tn, compared to the UK's £2tn. Speaking to the Wake up to Money programme, he said: "If I take the EU as a whole and compare the GDP of the EU to the GDP of the UK, you see there's a ... (full story)

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