Monday 8 October 2018

Brexit uncertainty is "starting to bite" for UK firms - surveys.

FILE PHOTO: The Canary Wharf financial district is
reflected in the river Thames on a sunny morning in
London, Britain, May 8, 2018. REUTERS/Hannah McKay/File Photo

LONDON (Reuters) - Britain's businesses are suffering from Brexit-related uncertainty as exports slow, recruitment difficulties mount and investment plans are scaled back, two surveys showed on Monday.

The British Chambers of Commerce said its survey of 5,600 companies, the largest of its kind in Britain, showed services firms were having the most trouble finding staff since the survey began in 1989, and growth in factory exports was the slowest since late 2016.

"These figures reinforce what we are hearing from businesses up and down the country -- the uncertainty over Brexit, and the lack of bold moves to boost business at home, are starting to bite," BCC director general Adam Marshall said.






By David Milliken.
Full story at Yahoo News.

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