'FALSE DAWN': What will happen to the British economy now that Article 50 has been triggered.

What does it mean when a nation becomes so uncertain about the future of its economy that it suddenly stops buying clothes? We are about to find out.

According to UBS analyst Adam Cochrane and his team, who did a survey of 2,000 consumers' spending intentions, there has been a sudden and significant drop in our desire to buy apparel compared to six months ago.

Although the UK has seen robust growth recently, Cochrane calls this a "false dawn." To state the obvious, the only thing that changed in the economy between then and now is the certainty that the UK will leave the European Union:



Jim Edwards.
Full story at Yahoo News.