[Economy] Britain’s Economy Is Flying Blind 100 Days After Brexit Vote2016-09-30 16:48:12Hit:254
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Written in September 30, 2016
Link >> http://www.bloomberg.com/news/articles/2016-09-29/the-u-k-economy-is-flying-blind-100-days-after-the-brexit-vote
Summary
Since the U.K. voted to leave the European Union, firms are still in the dark. Prime Minister Theresa May has offered little insight into her exit strategy, leaving executives to make decisions on investment and hiring with no clarity on what the business environment might look like, or how easy it will be for the U.K. to continue trading with the bloc of 500 million people.
- Lack of clarity on Brexit plan is affecting companies.
- Investment intentions have weakened this year, BOE says.
Link >> http://www.bloomberg.com/news/articles/2016-09-29/the-u-k-economy-is-flying-blind-100-days-after-the-brexit-vote
Summary
Since the U.K. voted to leave the European Union, firms are still in the dark. Prime Minister Theresa May has offered little insight into her exit strategy, leaving executives to make decisions on investment and hiring with no clarity on what the business environment might look like, or how easy it will be for the U.K. to continue trading with the bloc of 500 million people.
- Lack of clarity on Brexit plan is affecting companies.
- Investment intentions have weakened this year, BOE says.