All sections of UK society now think that it is more likely than not the country will crash out of the EU without a trade deal, a new survey has revealed. Every demographic, employment status and political group believes a no-deal Brexit is the likely outcome as negotiations continue to stall, KPMG found. In the poll of more than 3,000 people, 54 per cent said no deal was likely compared to just 20 per cent who thought it was unlikely. The findings come as The Independent’s #FinalSay campaign, which is seeking to ensure the people have the chance to vote on the Brexit deal, surpassed 700,000 signatures. The Independent and the People’s Vote campaign have also joined forces for a mass march through central London later this year. Seven in 10 people questioned by KPMG said they think prices will rise in the event of no deal and 69 per cent said they will change their consumer behaviour. Women and those aged under 35 were more likely than others to say they would have to change by taking action such as stockpiling certain good or cutting essential spending. Overall, 45 per cent of respondents said leaving without a trade deal will be bad for the country, while just 25 per cent said they think it will be good. “This survey shows the public expect a ‘no deal’ Brexit and plan to spend accordingly. The results reveal how people are anticipating substantial disruption in the short to medium-term, before they expect Brexit to have a more positive effect on the economy in the medium to long term. “During this period of disruption Brits expect prices to go up, delays at airports and sea ports, plus a potential hit to the pound. The mood music of the Brexit talks is likely to have a direct effect on consumer confidence.”
A no-deal Brexit is the most likely outcome of negotiations with the EU in the opinion of 45% of British people, according to a study by KPMG. The report found that the perception was held across all age groups, social classes and political affiliations, with 54% of respondents stating that withdrawing from the EU without a trade deal would be bad for the UK, with just a quarter believing the same outcome would be positive.