Uncertainties: Withdrawal Deal

uncertainties: There are those inside No 10 who dismiss the figures as merely the result of Theresa May's failure to push her withdrawal deal over the line in March, according to The Guardian. They murmur privately that the aftermath of this debacle was likely to provoke economic volatility as companies and consumers reacted first to parliament's refusal to back a deal and then the uncertainties created by the Tory leadership elections and the perceived intransigence of European Union leaders. All areas of the economy shrank except the services sector, which managed to inch ahead by 0.1% in the three months to the end of June. And casting an eye over the past year rather than the past few months alone suggests there is something to the argument that the economy is stronger than it looks. Compare that figure with the annual growth rate predicted for Germany of just 0.5% and 0.1% in Italy. GDP increased by 1.2% in the 12 months to the end of June, and is still on schedule to grow by at least 1% over 2019 according to most forecasters. (news.financializer.com). As reported in the news.

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