Pursuits
‘Brexit’ and ‘Brexit’: The Biggest Risks to U.K. Economy in 2016
- Survey of economists shows intense focus on EU referendum
- Weaker global growth is also a concern, while Fed is nowhere
Economists Overwhelmingly Concerned Over ‘Brexit’
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The two biggest risks facing the U.K. economy next year are Brexit and Brexit, according to economists. And the U.S., with its rate increases and presidential campaign? Doesn’t even register.
Forty-three percent of economists surveyed by Bloomberg News said a British departure from the European Union is the biggest threat, while 13 percent chose the buildup to the referendum on membership of the bloc. Thirty-nine percent of respondents picked these as their second-biggest risks.