{"id":1949,"date":"2016-12-16T07:00:12","date_gmt":"2016-12-16T07:00:12","guid":{"rendered":"https:\/\/www.buyassociation.co.uk\/?p=1949"},"modified":"2016-12-16T07:00:12","modified_gmt":"2016-12-16T07:00:12","slug":"pessimistic-brexit-countrys-economy","status":"publish","type":"post","link":"https:\/\/www.buyassociationgroup.com\/en-au\/news\/pessimistic-brexit-countrys-economy\/","title":{"rendered":"Are we too pessimistic about Brexit and the country\u2019s economy?"},"content":{"rendered":"

Is Brexit really as big of a risk as some would like us to think? Or are we making it out to be something worse than it actually is? City A.M asked to of the country\u2019s most knowledgeable economists. Let\u2019s see what they think.<\/strong><\/p>\n

Gerard Lyons, co-chair at Economists for Brexit, says YES. <\/strong><\/p>\n

According to Lyons, the country\u2019s biggest challenge is fighting the constant need to talk about circumstances as a downturn. Internationally, people are constantly being spoonfed negative comments from Britain\u2019s economists and politicians, not even considering the fact that they were wrong before the referendum.<\/p>\n

https:\/\/www.buyassociationgroup.com\/en-gb\/2016\/12\/07\/property-investment-qa-1-furnish-not-furnish\/<\/p>\n

\u201cDespite this, many global firms are seeing through this, and with sterling cheap, are choosing to invest here. They are right to do so. Brexit is a great opportunity to reposition the UK, driven by a free trade agenda and a bespoke UK-EU deal.\u201d<\/p>\n

This doesn\u2019t mean that if the economy experiences a slowdown next year, Brexit isn\u2019t automatically bad for us<\/a>. The reality is far from it.<\/strong> Considering we\u2019ve experienced seven years of growth, it\u2019s fairly normal for the UK to experience some stagnation. A temporary rise in inflation in the new year may squeeze the spending power, leading to a slowdown in growth<\/a>. But only for a short while.<\/p>\n

And President-elect, Donald Trump, and his fiscal boost and central banks\u2019 polices should give another helping hand to \u201creflate the world economy.\u201d<\/p>\n

UK growth may resemble a Nike swoosh, as the further ahead one projects, the better our economy\u2019s prospects appear.\u201d<\/p><\/blockquote>\n

Nina Skero, managing economist at the Centre for Economics and Business Research, says NO.<\/strong><\/p>\n

While data recently pointed towards a stable picture of the country\u2019s economy, a shift might not be too far off.<\/p>\n

Is the UK\u2019s hotel sector the next big property investment?<\/a><\/p><\/blockquote>\n