UK Economics

UK Economic Outlook

10 April, 2017

Into the unknown

While there are huge uncertainties ahead, the UK economy has entered the formal countdown to Brexit with decent momentum. Against this background, we see no reason to alter our long-standing view that Brexit will prove to be rather be less damaging than many forecasters still anticipate. We have nudged our forecast for GDP growth in 2017 up from 1.8% to 2.0% and expect growth of about 2.3% in 2018 and 2% in 2019, the year of Brexit itself.

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