This wiki has had no edits or log actions made within the last 45 days and has been automatically marked as inactive. If you would like to prevent this wiki from being closed, please start showing signs of activity here. If there are no signs of this wiki being used within the next 15 days, this wiki will be closed in accordance to the Dormancy Policy (which all wiki founders accept when requesting a wiki). If this wiki is closed and no one reopens it 135 days from now, this wiki will become eligible for deletion. Note: If you are a bureaucrat, you can go to Special:ManageWiki and uncheck "inactive" yourself.TLE0017
Economy is slowing to a “snail’s pace” due to Brexit
Joe Mellor - 17 Spetember 2018
Economists at the British Chambers of Commerce (BCC) say growth will slow to 1.1 per cent this year. The influential business lobby group is also highly concerned of the impact of a no-deal Brexit.
Shockingly, this would be the slowest rate of growth since the global financial crisis of 2009. The previous prediction was 1.3 per cent, still a sluggish growth rate for the UK economy.
Adam Marshall, the group’s director general, said the UK economy is slowing to a “snail’s pace” due to hesitation in the business world over Brexit.
Marshall said: “The drag effect on investment and trade would intensify in the event of a ‘messy’ and disorderly Brexit. Businesses need the Brexit negotiations to deliver clarity, precision and results at pace over the coming weeks.”... See more
About The London Economic
The London Economic emerged from a political blog sharing platform created by Jack Peat in 2012. It was developed through to 2014 into an alternative news website in an attempt to redress the political power of the mainstream media.
While it focuses on UK political affairs, it also has Business, Economics, Food, Sport, Entertainment, Lifestyle, Travel and Property pages.
