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How bad will a no-deal Brexit really be for jobs?

Politics Explained: The business secretary says ‘many thousands’ will be left unemployed if Britain crashes out of the EU

Ben Chapman
Friday 12 July 2019 15:57 BST
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Some businesses will become unprofitable and inevitably have to lay off staff or even shut down completely
Some businesses will become unprofitable and inevitably have to lay off staff or even shut down completely

Greg Clark, the business secretary, reiterated warnings that a no-deal Brexit would trigger many thousands of job losses.

“Everyone knows that”, he told Sky News. “I think that every person who considers the evidence that companies have given, whether it’s in the automotive sector, whether it’s in the food sector, whether it’s in aerospace, whether it’s in industries up and down the country.”

But is he right and what might happen to jobs if the UK crashes out of the EU without a deal?

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