(Bloomberg) -- There is “sustained improvement in the global growth outlook,” according to a new report from Moody's Investors Service. But the U.K. is singled out because of Brexit, with a slowdown seen both this year and next, unlike the other Group of Seven countries. Globally, the “modest pace of expansion should continue barring a negative move toward increased protectionism in the U.S.,” Moody's says.
To contact the reporter on this story: Fergal O'Brien in London at fobrien@bloomberg.net.
To contact the editors responsible for this story: Craig Stirling at cstirling1@bloomberg.net, Andrew Atkinson, Zoe Schneeweiss
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