Brexit – ‘IoD predicts short-term pain but long-term gain’

James Sproule, Chief Economist’s article ‘Why the reputation of forecasters could be set for stormy weather’ provides an assessment of economic forecasts relating to the UK post Brexit referendum performance. Further he assess the potential for UK companies in the years ahead, post Brexit.

James writes: ‘Our view is that long-term economic success is going to be more dependent on agility – which UK businesses do demonstrate – than productivity, where it performs less well. Economic forecasting is always fraught, but we are more hopeful than fearful about the UK’s long-term prospects.’

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