Guy Stephens: Brexit is the last great uncertainty

clock • 4 min read

Guy Stephens looks back on 2020 which has been dominated by uncertainly in the form of Covid, the US election and Brexit. With two out of three seemingly on the path to resolution, the UK's exit from Europe lingers. However, Brexit uncertainty is now in its 'last throes'

2020 has seen three major clouds hanging over the markets, the US election, Covid and Brexit. In as many days, it would appear that the uncertainty surrounding the first two has significantly diminished, or at least the way forward is suddenly a lot more certain. As we know, markets hate uncertainty, and so it is no surprise that we have seen significant moves in equity markets in the last week with major indices including FTSE, S&P and Dow Jones rising by over 10%. Every cloud However, the outstanding cloud of Brexit remains but is now in its last throes of uncertainty. A recap may...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Economics / Markets

Partner Insight: Tariffs are here to stay. What's next for investors?

Partner Insight: Tariffs are here to stay. What's next for investors?

The current outlook for US tariffs is complex and their full impact on growth remains to be seen. Columbia Threadneedle Investments explores what advisers need to know, key events to keep top of mind and how to navigate the uncertainty.

Columbia Threadneedle Investments
clock 23 October 2025 • 5 min read
IFS: Reeves must plug £22bn fiscal hole to restore 'tiny' headroom

IFS: Reeves must plug £22bn fiscal hole to restore 'tiny' headroom

Think tank urges chancellor to avoid 'limping from one forecast to the next'

Linus Uhlig
clock 16 October 2025 • 2 min read
Why higher bond yields aren't causing a Mini-Budget meltdown

Why higher bond yields aren't causing a Mini-Budget meltdown

'One thing we know about Rachel Reeves is she will live or die by her fiscal rules'

Laith Khalaf
clock 07 October 2025 • 5 min read