The UK media headlines this year have been dominated by a swathe of political concerns, as the Brexit deadline edges ever closer, writes Caroline Simmons, deputy head of the UK investment office at UBS Wealth Management.
The risks of no deal are rising and we have received few signs of progress in moving towards an agreement, with any form of deal likely to come later than expected. Brexit Blog: Barnier says deal 90% done but warns Irish border issue could derail talks Meanwhile, the UK earnings growth outlook for the year ahead is below that of global equities, amid a robust global growth backdrop and strong corporate earnings growth. At the same time, market volatility has increased. The economic cycle is maturing and, consequently, what is fuelling economic growth changes, with growth likely t...
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