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Divorces are usually tough, so the one between the UK and EU will be no exeption. Money is one of the biggest concerns for both sides. Who will win in this fight?
As it appears, no one. According to some studies, if Brexit negotiations collapse without a trade deal agreement, companies on both sides will pay the price - price worth $80 billion a year, to be exact. Firms and companies on both sides will face consequences. The no-deal scenario damages the UK exporters for approximately £27 billion and the EU exporters for £31 billion, as the report published by consultancy firm Oliver Wyman and law firm Clifford Chance have said.
It has been said the UK will exit both the single market and the customs union when the country leaves EU next year. Even though the damage is mutual and it will affect both sides, EU has a stronger negotiating position, given the size of the union. EU laid out its draft guidelines for upcoming trade discussions between them and the UK and the EU leverage looks strong.
The draft implies that the UK will, most likely, face negative economic consequences. Taxpayers will face the consequences as well - it might cost them hundreds of millions of pounds per week.
It turned out that Brexit is too high a price. Each of the four possible Brexit scenarios indicate negative outcome for the UK, leaving both Britain and it's taxpayers poorer. Even though neither Britain nor EU will end up as a winner, the aftermath looks darker for the UK.