U.K. Economy Won’t Ride Out Brexit Uncertainty This Time
(Bloomberg) -- The Brexit deadline is fast-approaching and the shape of the U.K.’s exit is no clearer now than when talks began two years ago. The ambiguity about Britain’s future relationship with the European Union is affecting the economy more materially than it did after the referendum and the longer the brinkmanship continues, the bigger the risk to momentum in 2019. Uncertainty, as measured by Bloomberg Economics’ proprietary indicator, has risen and could delay any growth rebound even if there’s a Brexit deal by the end of March.
©2019 Bloomberg L.P.