• U.K. post-Brexit economic data shows growth

Market news

25 November 2016

U.K. post-Brexit economic data shows growth

According to Dow Jones, British firms appeared largely unfazed by the prospect of the U.K.'s exit from the European Union, official data showed Friday, with business investment slowing only slightly in the three months following June's Brexit vote.

The figures add to signs that the U.K. economy held up better than many had anticipated after the referendum, offering the first solid answer to fears that British companies would hold the economy back by scrapping or delaying their investment plans. But officials and analysts warn that a slowdown may still be in the cards when the U.K. launches official divorce proceedings early next year as planned.

Market Focus
Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimer
Open Demo Account & Personal Page
I understand and accept the Privacy Policy and agree to my name and contact details being used by TeleTrade to contact me about this.