Brexit DOOM™

[AtW]

"Brexit hits UK hiring and spending

Take note, Tim Martin.

A new survey of UK corporate chiefs has shown that – as feared – the Brexit vote has hurt business confidence, badly.

Credit Suisse says corporate sentiment has “deteriorated out of all recognition” since 23 June. For the first time since 2013, more companiesexpect to cut spending, rather than raise it.

Research shows that some businesses have trimmed hiring and spending plans already.

Many others have put their plans on hold until they have clarity on the UK’s relationship with the EU."

Source: https://www.theguardian.com/business...-business-live

DOOMED!!!

[MrMarkyMark]

Many others have put their plans on hold until they have clarity on the UK’s relationship with the EU."

This I most definitely do believe, in fact it has been the story, this year, since earlier than June.

[OwlHoot]

"Brexit hits UK hiring and spending

Take note, Tim Martin.

A new survey of UK corporate chiefs has shown that – as feared – the Brexit vote has hurt business confidence, badly.

Credit Suisse says corporate sentiment has “deteriorated out of all recognition” since 23 June. For the first time since 2013, more companiesexpect to cut spending, rather than raise it.

Research shows that some businesses have trimmed hiring and spending plans already.

Many others have put their plans on hold until they have clarity on the UK’s relationship with the EU."

Source: https://www.theguardian.com/business...-business-live

DOOMED!!!

Hang on, weren't Credit Suisse one of the worst doom mongers in the run up to the vote?

I wouldn't take much notice of what they say.

Credit Suisse analysts predict leaving EU would cause snap recession, hit share and house prices and knock up to 2% off GDP

[MrMarkyMark]

Hang on, weren't Credit Suisse one of the worst doom mongers in the run up to the vote?

I wouldn't take much notice of what they say.

They were already trying to offshore as many operations roles as possible, ASAP, anyway.
That came from the top.

[BrilloPad]

They were already trying to offshore as many operations roles as possible, ASAP, anyway.
That came from the top.

They are creating a Commodities Trading floor in Dublin. That has been going on for a while.

[AtW]

Hang on, weren't Credit Suisse one of the worst doom mongers in the run up to the vote?

I wouldn't take much notice of what they say.

Credit Suisse analysts predict leaving EU would cause snap recession, hit share and house prices and knock up to 2% off GDP

It's only been few weeks after voting, why do you expect report of GDP drop which isn't due for reporting until some time later?

[BlasterBates]

Lets face it the UK's economy turned into a heap of sh*te on 24th June.

[FatLazyContractor]

Lets face it the UK's economy turned into a heap of sh*te Brexiters food on 24th June.

FTFY

[LondonManc]

I don't see us getting a true profit or loss figure as GB plc for 3-4 years after the Brexit equivalent of a decree nisi. It could well be the case that longer term Eurozone issues see us benefitting but it is now Theresa's job to make sure that we are in a position to do so.