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05 December 2019

Bloomberg: UK firms put probability of 2020 Brexit deal below 50%

U.K. businesses see a 46% probability that the country will leave the European Union with a deal next year, according to a Bank of England survey.

The 2,987 respondents put a 16% chance on a departure without an agreement in 2020 and about a one-in-10 probability that it will never happen. The figures reflects the lack of clarity firms are still facing more than three years since the vote to leave.

Chart on Bloomberg

Bank of England's Monthly Decision Maker Panel data - November 2019

© Bloomberg

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