UK economy starts to show cracks under Brexit and global strains 0 SHARES Share it! [ECILT/GB]Below are some indicators of the British economy and how they have changed since the June 2016 Brexit vote. The closely watched IHS Markit/CIPS survey last week showed Britain’s dominant services sector contracted unexpectedly in September — and marked the worst reading in a major developed economy. LABOR MARKETThe labor market is the strong point of Britain’s economy but some cracks have appeared recently. INVESTMENTAlthough the Office for National Statistics has revised up the level of business investment in Britain’s economy lately, the figures still show capital expenditure has stagnated since the Brexit vote.

Source: Manila Bulletin October 08, 2019 07:18 UTC