Little Brexit clarity, but at least the economy is coping well

The Brexit merry-go-round continued this week, with the voting in Parliament providing little clarity on where the UK is headed and prolonging the political uncertainty weighing on the economy. Indeed, the only real decision MPs have taken this week is that they are not ready to make a decision! One thing we do know is that the economy is coping reasonably well with the huge amount of political uncertainty. As a result, the economy looks well placed to pick up again if there is a Brexit deal at some point and would cope with a no deal Brexit better than most expect.