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The uncertainty surrounding Brexit and slow economic growth in the º£½ÇÊÓƵ could push the country back into a recession, an investment expert has warned.

Stefano Carnevale, a senior investment analyst at Quantum Advisory, addressed more than 50 pension and investment specialists at a special breakfast seminar.

He said Britain could be "on the brink of a recession" and also highlighted the impact trade wars and uncertainty on economic activity could have on the º£½ÇÊÓƵ.

“There’s no denying, trade wars are taking their toll across the world", he said.

"The 2019 Global GDP growth is forecast at three per cent, which is the slowest since 2008-9 when the financial crisis hit.

"Interest rates are declining, there’s a manufacturing recession happening in Europe and there’s a possibility that the fiscal stimulus might increase.

"At home, we have the ongoing uncertainty around Brexit, an upcoming General Election which is highly unpredictable, and a fragmented º£½ÇÊÓƵ electorate, all of which is making the Sterling weak and volatile, and ultimately impairing the country’s growth outlook.

“Despite this doom and gloom, the majority of market commentators are still reassuring investors, given that recession fears have subdued recently.