Report
Patrick Artus

United Kingdom: The cost since 2016 of the Brexit referendum result provides an insight into the cost of a no-deal Brexit

In the United Kingdom, the 2016 Brexit referendum triggered: A n increasing fall in corporate investment; A depreciation of the exchange rate and a fall in household demand due to the deterioration in the terms of trade; But a boost to demand from exports , thanks to the exchange rate depreciation . In the event of a no-deal Brexit in October 2019 , investment and household demand would also fall , for the same reasons, but exports would fall , too , as trade slowed between the United Kingdom and the European Union.
Provider
Natixis
Natixis

Based across the world’s leading financial centers, Natixis CIB Research offers an integrated view of the markets. The team provides support to inform Natixis clients’ investment and hedging decisions across all asset classes.

 

Analysts
Patrick Artus

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