Home | Login | Contact

Who    What    Why



INSIGHTS



  COMMUNITY ARTICLE

Can the Economy Overcome Heightened Brexit Uncertainties?

In their Autumn Forecast, EY discusses how heightened uncertainties over global trade and Brexit will fuel increased business and consumer caution.
 
When looking at the historic performance of the UK economy, the messages are not reassuring. The EY ITEM Club suggests that we are nearing the end of the growth cycle and may be running out of road.
 
Key points include:
- The UK economy is now expected to grow at 1.3 percent, rather than the 1.4 percent predicted in the summer. 
- The uptick in real pay levels has weakened, and higher oil and utility prices are likely to squeeze consumer spending.
- Investment and trade are expected to remain under pressure and it is unlikely that Government spending, even with the promised reduced austerity, will be able to provide any noticeable boost to GDP growth this year.
 






Click here to download this insight




Related Experts

Mark Gregory
Chief Economist, UK & Ireland
EY





Related Insights

Controlling Your Equity Narrative Demonstrating Purpose, Creating Value
Other Insights Contributed by EY, More London Place:
EY Megatrends Report 2020 Rethinking Executive Pay EY ITEM Club Summer Forecast Executive Pay: AGM Insights 2020 EY NED Barometer Adapting to a Different Normal 2020 Global Corporate Divestment Study Building Back Better: EY Attractiveness Survey Transforming Through ESG Into the Unknown EY ITEM Club Spring Forecast Budget 2020 EY ITEM Club Autumn Forecast Trends in Foreign Direct Investment in the UK's Towns Special Report on Consumer Spending Standing Tall Energizing the Enterprise Journey to 5G and IoT Tipping Point Warning Signs Governing Culture UK Economy Surrounded by Brexit Fog The Price of Uncertainty Rebalancing the Economy Bridging the Gap Embankment Project for Inclusive Capitalism Corporate Governance on AIM IPO Eye: Q3 2018 Demonstrating Purpose, Creating Value 2018 UK Corporate Governance Code and New Legislation Tech Listings Fuelling the London IPO Market

Related Insights

Your Peers Also Read

CEO Retreat Research 2018: Part 1 - How to Navigate Disruption CEO Research Results 2019 CEO Research Results 2018 CFO Research Results 2017 Tech and Talent in Asia