Posted by on July 5, 2017 3:21 pm
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Categories: Barclays brexit Clan Barclay Economy europe European Union International relations United Kingdom

As Barclays writes in its fourth update to the Brexit process, the separation of the UK from Europe lies at the center of a maelstrom of risks affecting the United Kingdom. There are now less than two years left to negotiate an agreement with the EU and to prepare for life outside the union. According to the British bank, 65% of its clients think that a disorderly Brexit is more likely than an orderly one. And, as Barclays points out, recently heighted domestic political and economic uncertainty does not help.

The conservative government’s poor performance in the election has cracked open the range of perceived outcomes for the negotiations. And while the economy has defied gravity thus far, this will probably not last according to the UK bank: as wages are not growing as fast as inflation, consumption is expected to slow to a crawl over the coming quarters, pressuring the pound.

But it’s not just economics: “politics, economics, and technical/regulatory challenges all intersect here.” And instead of drowning its readers in pages of narrative, following on Barclays recently published poster guide to the EU-UK negotiations from mid June, the bank presents an even more humongous chartbook poster to help its clients visualize key facts and data in each of these areas.


h/t Yogi Chan

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