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The Financial Times:
Economists gloomy on UK prospects for 2017

2 January 2017

Growth will slow, incomes will be squeezed and investment delayed, FT survey finds

Question: ‘How much, if at all, do you expect UK economic growth to slow in 2017?’

Stephen Machin, professor of economics, London School of Economics

It seems likely to that growth will be a fair bit slower than pre-Brexit referendum forecasts, mostly because the prospects of productivity and/or real wage growth do not look very promising.

 

John Van Reenen, professor of economics, MIT

Slow to about 1.4%. Greater policy uncertainty over Trump, Brexit & elections in France and Germany will harm investment and hiring

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