Weekly Economic Briefings - Uk Weekly Economic Briefing
Though November saw monthly GDP growth reach a four-month high, the strength was likely exaggerated by ‘Black Friday’ distortions. The three-month rate slowed further, and we expect Q4 as a whole to see GDP growth of 0.3%, half of the pace seen in Q3. Despite much drama in parliament this week, the basic Brexit equation remains unchanged. Though the vast majority of MPs are against “no deal” they need to decide what they are in favour of if they want to stop it from happening. We expect the deal to ultimately win approval, but the risk of “no deal” is rising.
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