Big UK companies kick recovery hopes into long grass - Deloitte

LONDON - Britain’s biggest companies think it will take longer for demand to return to pre-pandemic levels than they did a few months ago, another sign of how the outlook for the country’s economy is worsening, a survey showed on Monday.

A resurgence of the pandemic has forced Prime Minister Boris Johnson to tighten containment measures, further dragging on an economic recovery that had already started to wane. Data published earlier this month showed Britain’s economy grew in August at its slowest pace since May, when it started to recover from its record slump.

The survey was conducted before Johnson said on Friday that Britain should prepare to end its Brexit transition period with the European Union at the end of the year without a trade deal.

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UK business groups urge Britain, EU to find compromise: FTMore than 70 British business groups representing over 7 million workers have made a last-ditch attempt to persuade politicians to get back on the dialogue table next week to strike a deal with the European Union, the Financial Times newspaper reported on Sunday. EndSARS EndSARS EndSARS EndSARS EndSARS EndSARS EndSARS EndSARS EndSARS EndSARS EndSARS EndSARS EndSARS EndSARS EndSARS EndSARS EndSARS EndSARS EndSARS Never compromise with the EU, they gave a rotten deal to Greece which caused a depression and want a similar bad deal with the UK. Walk away
Fonte: Reuters - 🏆 2. / 97 Leggi di più »