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U.K. Market: Growth, But at What Price?
European Inflation Update
Assessing Inflation: Theories, Policies and Portfolios
Beyond Brexit: Outlook and Risks for the U.K. Economy
Blog

Beyond Brexit: Outlook and Risks for the U.K. Economy

Beyond Brexit: Outlook and Risks for the U.K. Economy

Despite seeing major market swings following the 2016 Brexit referendum, we don’t expect Britain’s departure from the European Union (EU) to have any major economic effects in our baseline outlook for 2021 and beyond. Far more important are COVID-19, fiscal policy, and bigger questions around future productivity growth.

Peder Beck-Friis

Economist

Dr. Beck-Friis is a senior vice president and economist in the London office, focusing on Europe. He helps craft the firm’s economic and monetary policy outlook and contributes to quarterly economic forums. He is also a member of the research group of the European portfolio committee. Prior to joining PIMCO in 2017, he worked at Goldman Sachs in New York and London. He has 11 years of macro research experience and holds a master's degree and a Ph.D. in economics from the University of Oxford. He received his undergraduate degree in mathematics and economics from the University of Edinburgh.