Brexit
Economists expect UK economy to start declining
The 0.5% acceleration in Britain’s economic growth in the second quarter, coming after three years of steady increases in GDP, will be the last economic expansion the UK will see before shifting into decline for […]
Brexit could undercut US financial stability for years
The UK vote to withdraw from the EU is “a negative shock to investor confidence” that has increased risk to the stability of the US financial system and could lead to excessive risk-taking and borrowing, […]
Brexit has yet to significantly hit UK economy, BoE says
Britain has not experienced a marked downturn in its economic growth since its vote to leave the EU, and businesses intend to move forward with short-term investments and hiring plans, the Bank of England’s Agents’ […]
4 ways Brexit could play out for the UK
The UK’s Brexit path is likely to play out in one of four scenarios, according to the Financial Times: hostile divorce, clean break, amicable transition or not at all. Financial Times (tiered subscription model) (20 […]
IMF downgrades global economic forecast to account for Brexit
The International Monetary Fund cut its global economic growth projections by one-tenth of a percentage point to 3.1% this year and 3.4% next year to reflect the likely consequences of the UK’s surprise decision to […]
UK lawmakers: Brexit raises issues for Fintech
The British government must move swiftly to clarify the effect of the UK’s withdrawal from the EU on the ability of British fintech firms to gain access to the EU’s Digital Single Market and employ […]