General Insurance Article - Knowing me, knowing EU. A Brexit update

 What type of trade deal the UK can expect to strike with EU and non-EU countries;
 The outlook for sterling and the broader economy;
 How the Bank of England is likely to react to inflation and policy uncertainty.
 
 Hetal Mehta says: “So far, Brexit has not been so bad for the UK economy. The formal process is yet to commence, but is it likely to cause a material economic downturn? Given that people have accepted the result, and that the media has flagged this, we would not expect a change in momentum caused by the start of the formal process in itself. The main danger is around the nature of the negotiations, and the shifting risks around the UK. However, if the discussions are well-mannered and make good progress, the risks should diminish and we believe that the BoE could turn markedly hawkish as a result.”
  

 To download the full report please click Knowing Me, Knowing EU