How has Brexit vote affected the UK economy? October verdict

Each month we look at key indicators to see what effect the Brexit process has had on growth, prosperity and tradeBrexit uncertainty drives up job lossesExperts debate the data Continue reading…

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UK edges towards recession as service sector sinks

Surprise contraction as British firms face sliding sales, higher costs, job losses and disruptive BrexitBritain has edged closer to its first recession since the financial crisis after the country’s dominant service sector unexpectedly plunged into con…

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The flat UK economy still points to a Boris Johnson election victory

Ted Heath’s 1974 election gamble offers a bad precedent for the PM. Heath lost, but the economy makes it Johnson’s to loseA flat-lining economy. A political system gripped by inertia. A series of weak governments unable to get anything done. This used …

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UK slips closer to recession as service sector slows

Concern over a no-deal Brexit hits growth and damages business confidenceBritain’s dominant service sector failed to grow as quickly as expected in August, as the economy took a step closer to suffering its first recession since the financial crisis.Ac…

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Recession fears grow as UK economy shrinks on back of Brexit chaos

A 0.2% contraction between April and June is first fall in GDP in six and a half yearsBusiness live blog – pound weakens as economy contractsFears that the UK could be heading for its first recession in a decade have been stoked by grim official figure…

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British consumer keeps UK plc afloat as key sectors start to sink

As a no-deal Brexit looms sterling is starting a steep slide and growth is stallingExperts debate the dataHow the Brexit vote affected UK economy – July verdictThe British consumer is holding up the country’s economic performance but key sectors are sh…

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