Brexit: Storm Clouds and Brexit Dashboard

brexit: The latest snapshot from the Guardian's Brexit dashboard does, however, show British workers benefiting from the strongest pay growth in almost a decade, unemployment at the lowest level in 40 years, and inflation dropping by more than expected, according to The Guardian. Despite handing a reprieve to cash-strapped families, economists have warned that the storm clouds connected to Brexit are gathering for the UK economy. Ahead of what will probably be the last UK budget in more than 40 years of EU membership, stock markets have plunged in the face of a cocktail of geopolitical risks, raising the spectre of Britain going it alone just as the world economy enters a tougher period. Writing in the Guardian, Andrew Sentance, a former member of the interest rate-setting monetary policy committee at the Bank of England, urged the chancellor to take decisive action to maintain business confidence. Brexit won't allow it Read more Despite some positive economic news over the summer, we may well see some harsher economic conditions as we move through the autumn and winter and into 2019, he said. Philip Hammond can't announce an end to austerity. (news.financializer.com). As reported in the news.

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