Wednesday, December 21, 2016

As Brexit voice affected the UK economy?

As Brexit voice affected the UK economy? 
https://i.guim.co.uk/img/media/85ef8b96ca4d172f6400f1eaaa196781da58318b/0_341_5174_3105/master/5174.jpg?w=620&q=55&auto=format&usm=12&fit=max&s=34b34698d50827f21695b787f0449937

motion pound following the vote Brexit had been volatile. The currency fell following the referendum, and then stabilized before falling once again in October against the backdrop of the UK fears directed to the "hard Brexit". It clawed back a dirt on the economy is actually holding up very well Signs in November, but just recently came under stress, as negotiations Brexit closer. The dollar, meanwhile, rallied on prospects of even more rate rises in the US, and federal government spending on the part of the president elect Donald Trump. As compared to the evening of the referendum in June, the pound fell seventeen % from the dollar as well as nine % against the euro.
ONS sees symptoms that British businesses are actually starting to be more and more unwilling to invest, causing customers to allow for the economy after the referendum. Enterprise funding continued to produce for 3 weeks following Brexit vote, a growth of 0.9 % in the third quarter. It absolutely was a little bit of development in the prior quarter, under one %, though the statistics don't make any reference to a referendum. Investments fell by 1.6 % in contrast to a year earlier.

Full article
https://www.theguardian.com/business/ng-interactive/2016/dec/21/brexit-vote-uk-economy-december-verdict
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