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Brexit is knocking out British industry, and it may not bounce back

From scmp.com

Britain is bearing the scars of a car-crash economy as the political crisis deepens over Europe. More firms are voting with their feet in a desperate attempt to avoid the likely chaos when the country finally quits the European Union. If the corporate exodus from the UK turns into a stampede, Britain’s industrial prosperity could be ruined forever. Britain is heading into the unknown. By now, the government should have had a much clearer idea about what impact Brexit would have on the economy, but politicians seem increasingly baffled about what the consequences will be for UK manufacturing, services and its ... (full story)

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  • Category: Fundamental Analysis