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while the new value of sterling has boosted British exports and doom-laden predictions of a recession have been withdrawn.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
Friday 25 January 2019 As the Remain campaign ramps up its efforts to spread fear about massive tailbacks at Calais and sudden increases in tariffs in the event of No Deal, it emerges the WTO provides the means for an interim trade arrangement retaining...read more
Thursday 10 January 2018 British pharmaceuticals and life-sciences are in rude health after a stunning year for Britain’s burgeoning gene therapy sector, topped off by a billion-pound investment in a new research centre by Belgian drugmaker UCB, reflecting...read more
Wednesday 19 December Despite unfounded fear-mongering over a possible "No Deal" Brexit, business remains booming across the United Kingdom. President Donald Trump has assured the UK we are "first in line" for a trade deal with the US, but has expressed...read more