A no-deal Brexit would put 100,000 jobs in Germany at risk, according to a study by the Halle Institute for Economic Research. With Germany selling 770,000 vehicles to the UK in 2017 and having 15,000 workers reliant on that trade, the automotive sector would be the hardest hit. Workers in Wolfsburg and Dingolfing, which are reliant on work from Volkswagen and BMW respectively, would be particularly vulnerable. The report also found that if Britain left without an agreement with Brussels, it could lead to higher prices of goods imported into Britain.
A no-deal Brexit would put 100,000 jobs in Germany at risk, according to a study by the Halle Institute for Economic Research. With Germany selling 770,000 vehicles to the UK in 2017 and having 15,000 workers reliant on that trade, the automotive sector would be the hardest hit. Workers in Wolfsburg and Dingolfing, which are reliant on work from Volkswagen and BMW respectively, would be particularly vulnerable. Meanwhile, the study found workers in Ireland and Malta were at the highest risk of job losses in a no-deal scenario.