Deal or no deal, New Year’s Day 2021 will herald a brave new world for the United Kingdom. We will (for better or worse) be in a new relationship with the European Union, after five years of debate, division and uncertainty. We will not quite have exited the COVID-19 winter, but the shape of that exit will be much clearer. And although the 2019 UK General Election now seems a distant memory, the UK Government’s majority in Parliament gives us the greatest degree of political stability since 2010. With Brexit receding into the background as a pre-occupation, new issues will emerge for UK economics, politics, society and real estate.
This report explains what CBRE thinks happens next.
Which sectors are thriving and which are facing substantial challenges?