The party conference season gave the clearest indication yet of how the UK’s decision to leave the European Union (EU) will play out. Here we round up what you need to know.
Party conference season has been and gone and MPs have returned to Westminster. During this time there has been a flurry of speeches, announcements, reactions and retractions on the subject of Brexit.
The market reaction to May’s announcement on Article 50 showed that, after a relatively stable summer, there will be increased volatility as uncertainty grows approaching the formal negotiation period. The chancellor has acknowledged the effect this may have on investment and signalled his intention to support the economy, delaying plans to get the public finances into surplus by 2019/20. The Autumn Statement on 23 November is likely to be the next opportunity for government to provide reassurance to business. As well as further details on Brexit, we expect to see some additional investment (with housing and infrastructure obvious candidates).
We will be watching closely and keeping you updated of all the relevant developments.