Report says official figures are inaccurate, underscoring dangers of no-deal Brexit

Britain’s manufacturing sector is much larger than official figures suggest, according to a report for the government that underscores the broad impact on the economy of high tariff barriers with the EU.

The report argues that official statistics, which estimate that manufacturing output accounts for 9% of national income, are based on “outdated and inaccurate methods of counting” and the figure is much higher.

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