Anthony Rayner: Two months on - a Brexit progress report

Protracted uncertainty is a likely drag on the UK consumer and businesses

clock • 3 min read

Political risk is on the rise, warns Anthony Rayner, with economic stagnation and voter dissatisfaction unlikely to disappear any time soon

The European Union (EU) referendum was more than two months ago but progress on what Brexit will actually mean - never mind any sense as to when an agreement will be reached - has been slow. Nevertheless, there are some developments worth highlighting around political pressure points and the economic impact so far. There are a number of reasons why progress has been so slow - not least that there was little planning for a Brexit scenario ahead of the result. At the same time, the implications of the result are numerous and complex - for example, unpicking and then re-establishing trade a...

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