Tavistock's Peel: UK has 'strong hand to play' in Brexit negotiations

'Investor patience will be vital'

clock • 2 min read

The long-term growth prospects for the UK economy remain positive and the uncertainties surrounding the Brexit negotiations will fade with the passage of time.

In less than one year, Britain has fallen from the top to the bottom of the G7 growth table. Last month, Moody's downgraded the country's credit rating by one notch to Aa2.  Sterling dives as Barnier reveals 'disturbing deadlock' in Brexit negotiations These are clearly negative developments in the short term. But it is important to remember these are backward-looking indicators and there are several reasons to be optimistic for the future.  Most importantly, the world economy has recovered from the deep recession that began in 2008 and is growing in synchronisation. The Inte...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on UK

Trustpilot