Warning of headwinds for UK economy after Article 50 triggered

On 29 March, May wrote an official letter triggering Article 50, which EU officials will respond to over the next month with negotiating guidelines. Until now, the UK economy has weathered the storm of Brexit uncertainty better than expected, with GDP growing at 2% in 2016, but the significant falls in sterling that followed the vote have translated into higher inflation, which reached 2.3% in February. If the pound falls further and inflation keeps rising, consumer spending growth could come under pressure, with recent analysis by PwC predicting annual growth could slow from 3% last ...