UK Economy Must Endure ‘Short, Sharp Shock’ After Brexit Vote Reviewed by Momizat on . Brexit Seen Delivering Brutal but Brief Blow to UK Economy The UK economy is on "a very different path" from that of a few months ago, with business investment Brexit Seen Delivering Brutal but Brief Blow to UK Economy The UK economy is on "a very different path" from that of a few months ago, with business investment Rating: 0
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UK Economy Must Endure ‘Short, Sharp Shock’ After Brexit Vote

brexit-downBrexit Seen Delivering Brutal but Brief Blow to UK Economy

The UK economy is on “a very different path” from that of a few months ago, with business investment and consumer spending due for a short, sharp post-Brexit shock, according to a forecast by the EY Item Club. The organization has slashed its UK growth forecast for 2016 to 0.4% from 2.6% and predicts the pound will be down 15% by year’s end. Gwyn Topham discusses the issue.

To read the full article in The Guardian, click: UK Economy Must Endure ‘Short, Sharp Shock’ After Brexit Vote.

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