UK Economy to Feel the Heat of a Complicated Brexit

The euro-zone economies are doing a little better in the eyes of the European Central Bank (ECB) while the UK economy is being slowly dragged lower by increasing Brexit fears in the aftermath of a surprising June parliamentary election. And, on the global scene, the pullback of the United States from its leadership position on trade and regulatory deals may well complicate the Brexit negotiations as the European Union (EU) is emboldened to assert itself more aggressively on the world stage, making Brexit a pawn in a much larger game. We will start with a quick review of the UK election’s implications for Brexit negotiations, move on to the economic analysis of the EU and UK, and close with some perspectives on how developments in the global trade and regulatory scene might impact everything from Brexit to job creation in the United States to global growth.