#LondonIsOpen – Brexit: France vs UK
France vs Britain in the 2017 World Economy
How do Both Countries Compare? Would anyone believe Juncker’s speech will affect Brexit Talks?
Let’s be serious for a minute! Jean-Claude Juncker is on the verge of retirement. He has pretty much been useless on the Continent – except for striking fiscal deals with internet giants in Luxembourg.
London has been the most dynamic and business-friendly environment for decades. Brexit will not make 30 years of hard work disappear.
“Project Fear” does not work any more!Click To Tweet
Expected GDP in 2017
The IFM has downgraded Britain’s growth
UK’s forecast is expected to be between 1.4%, 1.7% and 2% as per the IFM’s statement dated June 20th – 2017 (depending on sources). Since the Labour party lost the General Election, the Nation returns to the dark days. So-called “Experts” predicted a financial chaos, when the UK rejected the Single Currency. What happened? Nothing!
All UK political leaders (in the Remain camp) insisted, that the Nation would go into chaos, right after the EU Referendum. What happened? The Pound went down. Exports were boosted all of a sudden. Of course, we may expect some economic turbulence during Brexit talks. Uncertainty is today’s certainty.
While the UK decided to leave the EU, Britain in recession will always do better than France. The expected GDP in 2017 is set to 1.4% as per France’s Insee.
The UK in recession at 1,4% (after such a major decision: Brexit), Britain is performing like 'booming' France.Click To Tweet