No deal Brexit is no 'cliff edge' for the UK economy (but it won't help)

The UK government has changed some of the provisions in its divorce agreement with the EU, putting strain on already tense relations with the bloc and threatening to undermine a trade deal. In response, investors have pushed the pound down against both the dollar and the euro. But is a trade deal really so much better than no deal at all? In this podcast, ING's Developed Markets Economist James Smith offers his thoughts and explains why a sudden plunge in GDP is unlikely. 

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THINK aloud is a podcast by ING Global Research hosted by Senior Editor Rebecca Byrne. Subscribe to hear expert analysis on the global economy, monetary policy, and financial markets, that you won't find anywhere else.