CCR Magazine

FICO webinar
You are here  :Home arrow News arrow Comment: Trump's Inauguration unlikely to change the short-term economic outlook in the UK
Contact Us Newsletter Signup RSS Feeds

Latest News Headlines

Headlines

 
Commercial Credit News

Headlines

 
Comment: Trump's Inauguration unlikely to change the short-term economic outlook in the UK PDF Print E-mail
Monday, 23 January 2017
“Generally speaking, the inauguration of Donald Trump as US president likely doesn’t change the economic outlook for the UK. While there are hopes that Trump would grant the UK preferential treatment in potentially upcoming free trade discussions, such a deal would take many years to complete and would hence only influence the UK’s long-term outlook, at best. Dun & Bradstreet will monitor the new president’s first months in office closely but, for the time being, expect little to no spill-over effects from the US. 

“The looming invocation of Article 50 and the British government’s ‘hard Brexit’ plans will remain the top political event for the UK’s risk rating in the foreseeable future; Dun & Bradstreet’s recently downgraded the UK economy’s risk rating, ranking it joint second-worst among G7 powers. Theresa May’s decision to prioritise immigration over access to the single market has been positioned by the PM as a positive opportunity to secure deals with other continents, outside of the EU, such as China, India and the US. Trump has already expressed a strong approval of the Brexit result, although his promise to strike a quick transatlantic deal with the UK is not guaranteed. For now, the UK should expect little economic impact from Trump but all globally operating businesses must prepare for the economic shifts that will come from the world’s biggest economy and Brexit.”

Markus Kuger, Senior Economist, Dun & Bradstreet
 

 Forums International Ltd

Forums International Ltd

 Attendance at your first meeting is free of charge, and please quote reference 'CCR2016' to receive the special 10% discount off of your first annual subscription.

Find out more here.

latest issue

CCR Cover

The latest edition of CCR Magazine, the leading editorial publication in the UK credit industry, is out.

Read the latest issue online

CSA

subscriptions

CCR is the premier magazine for consumer and credit professionals. It provides an independent voice to the industry, breaking major news stories and running in-depth features.

As a magazine, it works with and campaigns on behalf of the credit industry to promote its importance as a centre of potential profit and business development to the wider business world.

Subscribe to CCR Magazine

CCR World Magazine


 

Providing information and analysis for thousands of senior credit professionals worldwide, every quarter.

Find out more

GTS Media Ltd
81 Cambridge Road
Southend-on-Sea
Essex
SS1 1EP

Registered in England No: 05483197