Here're the NIESR's thoughts.
http://www.niesr.ac.uk/media/niesr-p...ent-2017-12588
Basically something of a downturn, that will be mitigated heavily by interest rate cuts and QE.
Increased government borrowing to mitigate slower growth / possible recession.
Quite heavy risks on the downside.
TL;DR everything is not awesome, but neither is it apocalyptic.
Apologies for mentioning the views of experts. Please return to judging everything based on what a bloke down the pub says, and ensure that if it's negative it's nothing to do with Brexit.
---------- Post added at 12:01 ---------- Previous post was at 11:41 ----------
Heh. I just had a look at the Express's IQ-sapping propaganda and found their story on the NIESR report.
http://www.express.co.uk/news/uk/696...EU-Theresa-May
They couldn't even report the executive summary properly, let alone the report itself.
Here're the bullet points and first paragraph from the executive summary.
Wonder if they'll manage to correct this one or if, like an earlier story, it'll end up being shown to be so full of bovine excreta they simply take it down?
They call this a 'Brexit boost'? It's not end of times, we've had far worse and the economy will recover as it recalibrates, but it's hardly a bloody 'boost'. The Express seems to have gotten even more blatant about confirmation bias and, if anything, I'm getting the strong impression from their increasing desperation that they know they're in for a backlash. When you feed people the endless stream of propaganda they did anything that doesn't fit that narrative will upset people, even if it was entirely predictable.