GDP growth is slowing down ahead of schedule , and forecast to get worse . Unemployment is slowly rising in recent months , from an all time low in July . The sterling is in deep shit , with forecasts even worse . I ' ll admit that austerity is over , which definitely has benefits for some . And the FTSE has performed well in the short term because both the sterling is much weaker this boosting exports , and also that we are still in the single market . People are only happy right now because the government hasn ' t done anything . I guarantee whatever option the government chooses will piss off a sizeable number of people in all camps . If it ' s too soft , the nativists will be in a vengeful mood . If it ' s too hard , the soon to be unemployed will kick so many people out of office . If it ' s too average , people will feel distinctly put off . The people currently better off exporters are not going to be happy when tariffs come back . And for all the big talk that the UK can somehow do better off with half our export market pissed off at us AND more expensive , the reality will hurt .