Nick Candy
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- Milken Institute1h 0m
Brexit and the Domino Effect: What to Expect In the Year Ahead
Matthew Bishop, Mark Blyth, Nicholas Candy, Jim Mellon, Howard Shore, Janet Thomas, Nick Candy, Peter Mandelson
Prominent financial experts and political analysts convened to debate the economic and political trajectories of Brexit, forecasting a contentious two-year negotiation process dominated by the UK, German, and French governments. The panel presented sharply divergent views on the outcome, ranging from Howard Shaw's prediction of a last-minute "patchwork" deal and Jim Mellon's proposal for unilateral deregulation to Janet Thomas and Peter Mandelson's warnings of severe financial sector migration and long-term economic decline. While consensus emerged that Theresa May would strengthen her domestic position, deep disagreements persisted regarding the stability of the Eurozone, the viability of open borders, and whether the depreciated pound represents a necessary correction or a threat to low-income households.