The end of the year and the impending Christmas break always offers a good opportunity to take stock of the past 12 months and ponder what might lie ahead in the new year.

For many, 2016 will be remembered as a year of geopolitical shocks with the decision of UK voters to Brexit in June and their American friends confounding almost all expectations in choosing Donald Trump as the 45th US President. There is plenty of scope for more surprises in 2017 with…