Before the Brexit vote, the majority of economists forecast economic doom for Britain outside the EU. But the economy has, so far, been doing significantly better than expected. Will Britain continue to thrive? Or will the anticipated economic consequences of leaving the EU catch up on us? And how will Theresa May’s new government help to shape the future of our economy?
On 14 September 2016, The Spectator held a discussion at the British Museum on the economic prospects of the UK, attended by over 300 guests. The panel, chaired by Andrew Neil, addressed the question: how does the new political landscape affect the UK economy?
Anatole Kaletsky, economist, author, columnist and founder of Gavakel, kicked off the discussion with a gloomy view of our future, calling Brexit ‘maybe the biggest shakeup since WWII.’ He admitted that he and other experts had been wrong about the immediate effects of the vote, but warned that investment and jobs would be cut, and that leading financial and business services would suffer.
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