I was recently asked about what outside actors think about the uncertainty in the UK today, and how the political risk landscape has evolved since the EU referendum. The irony is, that was the first time I had been asked about Brexit in probably a year – Brexit isn’t one of the top political issues keeping global business leaders up at night, particularly outside of the UK.
But why? After all, Brexit was the proverbial canary in the coal-mine for many – the first sign that we needed to start thinking about political risk a little differently. It dominated global headlines for much of 2016 (at least until November) and certainly has remained front page material for the UK in the meantime.
But fast forward four years or so, and Brexit has created a comparatively stable political and business landscape for the UK in many ways, regardless of the outcome of negotiations in December.