British Prime Minister Boris Johnson is urging voters to end the Brexit impasse by giving him a majority in parliament in an election on Dec. 12, so he can get the divorce deal he struck with Brussels last month past lawmakers.
Bank of England Deputy Governor Dave Ramsden said last month that weak investment has eaten away at Britain’s growth potential to the extent that the economy is now too inflation-prone to allow the central bank to cut interest rates. Paul Mizen, an economics professor at the University of Nottingham, said a survey of companies set up in 2016 by his university along with Stanford University and Britain’s central bank did not bode well for productivity going forward.
Johnson says things could improve quickly. Getting his Brexit deal through parliament would “unleash a great tide of investment into this country and be a demonstration of confidence in the UK economy”, he told lawmakers in October. Potential Brexit problems include disruption at Britain’s borders with the EU that could push up the price of the steel her company needs, or a further fall in sterling that would make imports of key parts from the United States more expensive.
Brexit is a complete disaster from a buisiness point of view. So damaging to leave a massive free trade market that the EU provides.
She is innovator
NO wonder