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Health of UK economy depends on Brexit deal

Published Thu, Mar 14, 2019 · 09:50 PM

DeeperDive is a beta AI feature. Refer to full articles for the facts.

London

THE good news is that the UK's economy is stable despite the messy Brexit uncertainty and a weakened government. Growth has been downgraded slightly to 1.2 per cent in 2019, but tax revenue has boosted the government's coffers.

Much depends on a Brexit deal, cautioned Chancellor of the Exchequer Philip Hammond in his Wednesday Spring Statement on the health of economy. If the UK crashes out on March 29, or a delay raises uncertainty, investment and growth could well decline.

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