Brexit is clearly impacting the economy, but so is a global growth slowdown fuelled by trade tensions.
Despite a weakening UK GDP trajectory, a technical recession this year will be avoided. Beyond this year, economic forecasts seem futile until we know if there is deal or an extension. As of this writing it is in the hands of the DUP. Despite this instability, investment volumes improved in Q3 2019 reaching £13bn, a 40% increase from a very weak Q2 2019.
Should a deal be agreed with the EU by 31st October, a surge in activity might reasonably be expected in the last two months of 2019. With a fair wind, the annual figure transaction total could top £45bn, with a substantial activity spilling over into 2020.
