Economists’ expectations for Britain in 2019 are in, and they don’t look good.
A survey carried by the Financial Times in the first week of January found that leading economists expect Brexit uncertainties to cripple business investment and consumer sentiment over the next year. Wage growth, productivity and all the usual growth engines are therefore likely to be subdued.
It’s fairly common these days to say economists ‘got it wrong’ before on Brexit, predicting a Brexit-induced downturn after the referendum that failed to materialise.
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