B2B Economic Outlook - UK - June 2019
The government has said that it is committed to agreen” Brexit and to maintaining environmental standards. The government is also expected to remain committed to the EU’s renewables generation targets and carbon emission reduction targets. Therefore energy and environmental policy is unlikely to change post-Brexit. That means it will be business as usual for utility operators for the foreseeable future. However the prolonged period of uncertainty may affect investor confidence and delay investment decisions, putting major capital projects at risk, especially in the energy sector.
The biggest threat of Brexit is its economic impact, with affordability issues potentially impacting utilities in an economic downturn by increasing pressure on operators to reduce costs and keep household bills down.
Claudia Preedy, B2B Analyst
This Report looks at the following areas:
Special focus: utilities
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