Quite a few different pieces all about Brexit. The cause and effect, back-up plans and pretty much an uncertain 12 months ahead. Brexit could have an impact on the City as early as March. Uncertainty will shape the UK economy in 2017. Announcements expected soon on whether to implement contingency plans for access to remaining EU states. And a think tank claims the vote to leave the EU is likely to damage the UK’s growth and living standards until 2030, the aftermath of Brexit. Oh and Lord King, thinks it’s actually a good thing that we are getting out whilst we can. Perhaps he is an optimist or a visionary?
Economists gloomy on UK prospects for 2017. Financial Times (Subscription required)