Commenting on today’s GDP numbers and the woefully ill-placed position of both Europe and the UK

Commenting on today’s European GDP numbers, James Faulkner from Master Investor, the UK based investment media and events company, said: “Today’s GDP numbers from the European Union serve as a reminder that it isn’t just the UK economy that’s facing headwinds right now, with the EU 28 only managing a quarter-on-quarter growth rate of 0.2% in Q4. Of particular note was the fact that German growth was even worse than expected at 0%. This compares with growth of 0.2% in the UK – the supposed ‘sick man’ of Europe.

“These numbers underline the fact that both the UK and the European economies are woefully ill-placed to face any potential fallout from a ‘no-deal’ Brexit scenario, which could further dent an already flagging European economy.”