The doomsday warnings of immediate and catastrophic harm to the UK economy in the event of a Leave vote could hardly have proved to be less true. Initial wobbles in the stock markets were soon reversed, while the new value of sterling has boosted British exports and doom-laden predictions of a recession have been withdrawn. Not a week goes by without announcements of a forecast being upgraded, a new survey revealing high confidence amongst businesses and consumers alike, or of a major investment in the UK.
And the future looks even rosier. Access to major markets is expected to improve outside of the EU – the United States is already on board for an unprecedented trade deal – businesses of all sizes can expect more opportunities and less red-tape outside the EU. Most importantly, the UK economy remains fundamentally strong and competitive in the global marketplace.
ECONOMY UPDATES & BLOG
Thursday 1 November 2018 Even with the constraints posed by an inevitable Chequers-inspired arrangement with the EU, Britain’s economic partners across the oceans remain optimistic of expanded trade. At home, wages are up, as are mortgages to first-time...read more
Friday 14 September 2018 Economic growth leapt upwards in the second quarter, driven by improved performance in retail and construction. Liam Fox's trade department has brokered a massive aviation export contract with Israel, smashing to pieces Remainer myths about...read more
Friday 3 August British engineering is on the up as the UK pivots to the rest of the world. In step is Liam Fox who is accelerating preparations for trade deals with Australia and the Pacific alongside a bilateral arrangement with Washington DC. A deal with India now...read more