The UK got a controversial financial report card on Monday from an organisation that represents many of the world’s richest countries. Between praise of the country’s employment rate, concerns about productivity, and analysis of the impact of devalued currency, it was dominated by two words: “Brexit” and “uncertainty.”
Buried in the biennial report was a note which suggested that were the British government to reverse Brexit, “the positive impact on growth would be significant,” prompting the Treasury to reiterate that a second referendum was not on the cards.