Assessing the UK economy’s position in the world 14 years hence would be difficult at the best of times, but it is close to impossible following the decision to withdraw from the European Union.
With the new government of Theresa May only getting its feet under the table, it is still too soon to be certain as to the UK’s eventual negotiating stance let alone the response it will elicit from the EU’s other 27 member states (the EU27). Our initial projections are as follows: