Outlook for UK business darkens fast ahead of Brexit, BCC warns

  • 📰 Reuters
  • ⏱ Reading Time:
  • 21 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 97%

Australia News News

Australia Australia Latest News,Australia Australia Headlines

Fading exports and worsening finances spurred a darker outlook for British compa...

LONDON - Fading exports and worsening finances spurred a darker outlook for British companies last month, hurt by a slowing global economy and political chaos around Brexit, a survey showed on Tuesday.

Britain had been due to leave the EU on March 29 but Prime Minister Theresa May was forced to ask the EU for a delay after the country’s parliament refused to back the exit plans she had negotiated with Brussels. Its gauge of firms’ cashflow turned negative for the first time since 2012 and investment intentions for both manufacturers and services firms were the weakest in over eight years.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 2. in AU
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Why not, just stay in the EU? This is causing more trouble, and economic hardship, than it's worth. Admit, you fucked up, and ask to stay. Anything less, is a mistake.

It has only been a matter of when, not if. you reap what you sew. This is the most epic own goal of modern times by the Brits. On a par with going to war with their own colonies in 1774.

HELLO isolationists are STUPID , HELLO

Australia Australia Latest News, Australia Australia Headlines