Brexit no-deal could blow £18.6bn hole in UK economy, tourism body warns

A Brexit no-deal could blow a huge £18.6 billion hole in the UK economy as a result of more than 700,000 jobs being lost in the travel and tourism sector, a leading trade body has warned. It has forecasted a loss of £18.6 billion in GDP to the UK economy in the event of a Brexit no-deal and deficit of £22 billion to the remaining economies throughout the European Union. The research reveals 308,000 jobs in the travel and tourism sector would be lost, as well as an additional 399,000 jobs in the rest of the European Union.