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Clifford Chance

Brexit: The international economic implications

Brexit will have a profound impact on the UK economy and the UK’s relationship with Europe and the rest of the world. In this extract from a talk given at Clifford Chance, Stephen King, Senior Economic Adviser at HSBC and author of ‘When the money runs out. The end of western affluence,’ looks at the global implications of the UK’s decision to leave the EU.

Thought Leadership

30 November 2016

Brexit - The international economic implications: In conversation with Stephen King, HSBC's Senior Economic Adviser

"The Brexit story is not a one off. It's the beginning of a slightly more disturbing world where the west is retreating from globalisation," says Stephen King HSBC's Senior Economic Advisor. In this extract from a talk he gave at Clifford Chance, King outlines the global impact of Brexit and questions whether Europe can easily hang together over the next 30 or 40 years.  King, the author of 'When the money runs out. The end of western affluence,' is a Special Advisor to the House of Commons Treasury Committee and writes regularly for the Financial Times and The Times. He says "I think we are going to be facing some really complex issues over the next few years" and he argues that we will see an increase in the gap between global winners and losers.



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