Home » General World News » ‘Brexit uncertainty’ isn’t the reason the British economy is doing so horribly

‘Brexit uncertainty’ isn’t the reason the British economy is doing so horribly





  • Much of the UK’s economic slowdown since last June has been put down to “Brexit uncertainty.”
  • Bank of America Merrill Lynch doesn’t buy this argument, saying that uncertainty is having less of an impact that might be expected.
  • The bank’s European economics team points to patterns in consumption and business investment to prove their hypothesis.

LONDON — The negative impact of so-called “Brexit uncertainty” on the UK economy since the vote to leave last summer has been “surprisingly small,” according to a new analysis from bankers at Bank of America Merrill Lynch.

In the year and a half since the UK elected to leave read more >>>

Source:: BusinessInsider.Com

Comments are closed.