‘Brexit uncertainty’ isn’t the reason the British economy is doing so horribly
|12/03/2017||Posted by BusinessMediaguide.Com under General World News||
- 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 >>>