Economics
The Slowing British Economy Gets Another Shock
- Election result brings lack of clarity about Brexit direction
- Economy already facing headwinds from inflation, weak wages
The U.K.'s 'Hung Parliament' and What it Means for Brexit
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Of all the things the U.K. economy needs, more uncertainty isn’t one of them.
Prime Minister Theresa May’s loss of her majority in Parliament after an election gamble has muddied the outlook for oncoming Brexit negotiations and the economy. After a campaign largely devoid of economic arguments, the new government faces a slew of policy challenges and threats to the growth outlook on top of disruptive divorce talks with its biggest trading partner.