British-EU trade talks failure won’t have global effect: economist

Global trading is being burdened by tensions between the US and China; Brexit pales in comparison

Catherine Mann, chief global economist at Citi: ‘Businesses have moved forward. They’ve had to make decisions about where to put investment, where to put their operations’ Pic: Fergal Phillips

Any failure to reach a post-Brexit free trade deal between Britain, Ireland and the rest of the EU will have little overall impact on the health of the global economy, a leading economist has predicted.

The EU and Britain are set to begin negotiations on a free trade deal once the recently agreed withdrawal deal is finally approved by the House of Commons.

There are already concerns, however, that a possible British attempt ...