Representational Pic
Representational Pic

London: A no-deal Brexit, even in a "relatively benign scenario" may push the UK's debt to its highest levels since the late 1960s, according to an analysis by the Institute for Fiscal Studies (IFS).

The think-tank estimated the UK's debt could rise to 100 billion pounds, bringing the country's total debt close to 90% of GDP for the first time in more than 50 years, reports Efe news.

The UK - with a current debt of around 85.3 per cent of GDP plans to leave the European Union on October 31.

(For all the latest News, Mumbai, Entertainment, Cricket, Business and Featured News updates, visit Free Press Journal. Also, follow us on Twitter and Instagram and do like our Facebook page for continuous updates on the go)

Free Press Journal

www.freepressjournal.in