Mayor of London report claims ‘no deal’ Brexit could cost 900 jobs in Barking and Dagenham
PUBLISHED: 12:40 01 February 2018 | UPDATED: 13:09 01 February 2018
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An estimated 900 jobs in Barking and Dagenham could go if a ‘no deal’ hard Brexit takes place, the mayor of London has claimed today.
Figures released by Sadiq Khan claim that if the UK leaves the European Union in March 2019 with no deal on the single market, Customs Union or transition arrangements the jobs will be under threat.
According to the data the borough currently has 71,100 jobs but this could plummet to 70,200.
Mr Khan, said: “Barking and Dagenham residents and businesses will be shocked to learn of the huge economic risks – and human costs – at stake in the Brexit negotiations.
“It is up to the government to secure a Brexit deal that protects Barking & Dagenham from a decade of lower growth and fewer jobs.”
The findings formed part of an analysis of the potential impact of five different Brexit scenarios on London and the whole of the UK, commissioned by the mayor last year from economic analysts Cambridge Econometrics.