Peering Over The Precipice: Implications Of A Cliff Edge Brexit


While not our core scenario, the likelihood of the UK leaving the EU in March 2019 with no deal in place has risen in recent months. We have published a Special Report assessing the implications for the UK of such a ‘cliff edge’ Brexit.

Key topics evaluated include:

  • How could we get to a cliff edge Brexit?
  • What would the UK macroeconomic impact be?
  • Which industries would be the most and least impacted?
Peering Over The Precipice: Implications Of A Cliff Edge Brexit
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While both the UK and EU will endeavor to reach a deal to allow for a smooth exit for the UK from the bloc in 2019, the lack of progress made in negotiations so far and the seemingly poor relations between the two sides makes Brexit with no deal in place - a 'cliff edge Brexit' - an increasingly likely scenario. Given the significant disruption such a development would cause, businesses and government departments will have begun developing contingency plans for this scenario.