Brexit is the 'firing gun on a decade of disruption', report finds

Britain is on course for a "decade of disruption" in the wake of the vote to leave the European Union, a report has warned.

Brexit has delivered a "profound shock" to the UK's political and economic order which is likely to damage growth and living standards until 2030, according to centre-left think tank IPPR.

The report said the upheaval comes at a time when Britain's rapidly ageing population threatens to put new strains on the state, with the funding gap for adult social care expected to hit £13bn by 2030-31.

It said: "Brexit is the firing gun on a decade of disruption.

"Even as what we do and how we work changes, the UK is likely to remain trapped in a low growth, low interest rate decade driven by demographic shifts, productivity trends, weak investment, weak labour power, high levels of debt, and the headwinds of a slowing global economy.