Beyond Brexit: The global headwinds and tailwinds facing UK equities

Brexit uncertainty continues to act as a drag on the UK economy, holding back business investment and undermining consumer confidence.

The economy has shown a degree of resilience and is continuing to grow, but at a lower rate than before the 2016 referendum, with GDP forecast to rise by only about 1.2% in 2019.  Mark Barnett: Four key themes for UK equities (beyond Brexit) On a more bullish note, weaker sterling, while increasing import costs, makes exporters' goods and services more competitive in international markets and increases the value of overseas earnings. In reality, though, the global backdrop may have greater significance than Brexit for the UK equity market, given its international nature, with FTSE ...