Brexit: non-event or knockout blow to EU recovery?

Negotiations on a post-Brexit trade deal have proven tough over the course of this year. While both sides have been inching closer to an agreement over recent weeks, last week’s EU summit reaffirmed that there’s still a lot left to be resolved. Despite Boris Johnson’s signal that he is prepared to walk away from talks completely, negotiations are expected to resume in one form or another over coming days. Our house view is that there will be a deal agreed, but time is running out and both sides realistically have until the middle of November. That means there is still time for things to go wrong, and the risk of … (full story)

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