A rejection of the Brexit deal in Parliament in mid-December remains a very real prospect. And we would not rule anything out amidst the political chaos that would follow. In our predictions based on the various Brexit scenarios, the economy could grow by just over 2% next year, or contract by a small amount, while Bank Rate could rise to 1.5% or be cut to just 0.25%. One thing that is clear, is that Brexit uncertainty probably won’t subside anytime soon.
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