FILE PHOTO: People look out onto the Canary Wharf district as they walk through Greenwich Park in London, Britain, March 22, 2020. REUTERS/Simon Dawson/File Photo
Surveys conducted in the first half of March showed consumer services firms, such as restaurants, bars and cinemas, were the most pessimistic, the Confederation of British Industry said on Sunday. The balance for manufacturers stood at -20% while the retail sector’s sales expectations fell to -31%, it said.
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Britain has little to fear, from their outlook: they’ve become the world’s hinge, entrepôt, the new Constantinople — the New Worlds will meet there, in the East End, and bargain.
It's not looking good for anybody.