London — Remaining in the EU could give the UK economy an £85bn boost compared with a no-deal Brexit, according to Bloomberg Economics.

The calculations, based on Jeremy Corbyn’s Labour Party offering a second referendum that leads to the nation staying in the bloc, demonstrate how the Brexit process has turned the usual norms in the UK on their head. Economists and investors are warming to the prospect of a left-wing lawmaker who favours nationalisation of some industries and stronger worker protections...

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