Economics

The Wreck of 2018 Shows in Brexit Barometer, and 2019 Looks Worse

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Uncertainty over Brexit touched every corner of the U.K. economy in the fourth quarter as the Bloomberg Brexit Barometer skidded to the lowest level since the country voted to leave the European Union in 2016.

The December barometer was 42 percent below its year-earlier level, weakened by slowing growth and investment. Meanwhile, U.K.-EU negotiations on the withdrawal agreement have failed to produce an accord that Parliament can pass. The U.K. is due to leave the bloc on March 29, with or without a divorce agreement, and uncertainty and fear have intensified as the exit approaches.