52050
UK Economy Slumping
UK Economy Slumping

UK Economy Slumping

UK Economy Slumping

The UK economy appears to be weathering Brexit better than many expected, but it’s still heading for its weakest performance in a year. After a 0.7% expansion in the second quarter, economists in a Bloomberg survey anticipate just 0.3% in the three months since the vote to leave the EU. While that’s far from the recession that some warned the referendum would trigger, it would still be just half the average quarterly pace over the past four years. Surveys and data on consumer confidence and services, the biggest part of the economy, have held up after an initial post-vote dip. The uncertainty about any new EU trading relationship may weaken business investment.

 

Short URL : https://goo.gl/NbTacb
  1. https://goo.gl/yUzZ2s
  • https://goo.gl/cqUnqy
  • https://goo.gl/dI03Vc
  • https://goo.gl/CWxGuk
  • https://goo.gl/T1TH1U

You can also read ...

Saudi Arabia Bleeds as Capital Flight Continues
As Saudi Arabia raises the stakes in its dispute with Canada...
 Final Nail in Abraaj Coffin
The Abraaj Group has been put through the ringer in past...
Experts Say China Economy Manageable
Recent external pressures, a general global trade malaise...
Qatar Pledges $15b Investment :      Turkish Lira Weakens 6% on Threat of More US Sanctions
Turkey’s battered lira weakened more than 6% against the...
Europe Should Resist Illegal US Penalties
European countries should take effective steps to counter US...
Indonesia Sets Moderate Growth Goals
Amid rising external pressures, Indonesia’s economy is...
Australia Drought Could Cost $12 Billion
The Reserve Bank of Australia and a new report have warned of...
 Crypto Scams on the Rise in UK
Crypto currency scams are using images of celebrities and...

Add new comment

Read our comment policy before posting your viewpoints

Trending

Googleplus