UK To Enter Mild Recession: BAMLMani
Following the Brexit verdict, Bank of America Merrill Lynch analysts knocked 2.5ppt off their growth forecast for the UK for the next 12 months and said they anticipate that the UK will witness a mild recession lasting three quarters. Robert Wood and Gilles Moec said in their June 24 research piece titled “Hello recession” that they believe the UK's accepting a “Norway”-style deal won’t happen quickly.
This content is exclusively for paying members.
If you are subscribed and having an account error please clear cache and cookies if that does not work email [email protected] or click Chat.