British government, central bank spread Brexit gloom ahead of key vote

London | Brexit will yank the handbrake on the British economy in coming years, according to economic modelling that the government released on Wednesday in an effort to ramp up pressure on sceptical MPs to pass Prime Minister Theresa May's exit deal when parliament votes on December 11.

An analysis from Britain's Treasury concluded that any Brexit scenario would leave the country worse off than staying in the European Union. The Bank of England separately painted a picture of accelerating inflation and unemployment over the coming few years as the economy adjusts to Brexit.