Money Minute Friday 31 January: Britain leaves the EU

Today is Brexit Day, but we also look ahead to the latest consumer confidence data for the UK and GDP growth in the eurozone

Britain leaves the European Union today. It won’t have much impact on markets – we knew it was coming and this just kicks off a long negotiating process - but it’ll probably inspire quite a few headlines. 

We also get the latest reading on consumer confidence, which will give an indicator of whether getting the election over with has lifted spirits more generally.  

Subscribe to MoneyWeek

Become a smarter, better informed investor with MoneyWeek.

Meanwhile, on the corporate front, broker Hargreaves Lansdown releases its half-year results.Investors will be looking out for any lingering impact that the Neil Woodford debacle has had on the popular investment platform.

Elsewhere we get the first estimate of eurozone GDP growth for the fourth quarter of 2019. Growth is expected to come in at 0.2% for the period. Inflation data for January is also due. Markets expect an annual rate of around 1.2%, still well under the European Central Bank’s target of just below 2%.




How long can the good times roll?

Despite all the doom and gloom that has dominated our headlines for most of 2019, Britain and most of the rest of the developing world is currently en…
19 Dec 2019

Money Minute, Monday 30 March: grim numbers expected from the US

It’s a quiet week for economic data in the UK – but the US is set to release some grim numbers.
30 Mar 2020

Australia’s economy is about to meet its delayed day of reckoning

Fallout from the coronavirus outbreak looks set to end Australia's record-breaking streak of 28 years without a recession.
27 Mar 2020

Money Minute Monday 23 March: will “whatever it takes” be enough?

As we start to see the damage that the shutdown is doing, Money Minute looks at central bank measures to counter it.
23 Mar 2020

Most Popular


Three things matter for the UK housing market now – and “location” isn’t one of them

The UK housing market is frozen. And when it does eventually thaw out, the traditional factors that drive prices will no longer apply. The day of reck…
1 Apr 2020

What does the coronavirus crisis mean for UK house prices?

With the whole country in lockdown, the UK property market is closed for business. John Stepek looks at what that means for UK house prices, housebuil…
27 Mar 2020

Has the stockmarket hit rock bottom yet?

The world's stockmarkets continue on their wild and disorientating rollercoaster ride. Investors are still gripped by fear. So, asks John Stepek, have…
2 Apr 2020
Small business

Furlough: what does it mean and how does it affect me?

Many companies have “furloughed” employees after they have shut down because of the coronavirus. But what does furlough mean and how does the scheme w…
30 Mar 2020