No Deal Brexit Could Lead to Recession, says AXA

The UK economic outlook for 2019 is dependent on the Brexit deal, says AXA Investment Manager's David Page

AXA Investment Managers 31 December, 2018 | 12:26PM

This article is part of Morningstar's "Perspectives" series, written by third-party contributors.

Brexit Theresa May UK economy stock market FTSE recession

The outlook for 2019 and beyond remains dominated by the UK’s decision to leave the European Union and the path it follows thereafter. We continue to believe the bleak implications that the UK would face, if it left without a deal – and particularly without a transition in March – will force a political acceptance of the arrangement that the government has brokered with the EU, or a mildly amended version.

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AXA Investment Managers  are an asset management company specialising in investment management for a wide range of clients

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