Friday, 29 July 2016

CONSUMER POST BREXIT CONFIDENCE PLUMMETS

The market research company GfK has released its latest survey on consumer confidence following the Brexit vote a month ago.  It shows the biggest drop since 1990 (see HERE).

I am sure some will argue this is a result of the government's relentless forecasting of economic problems before the vote and this may be true. Nonetheless it is worrying, especially following a survey by the Engineering Employers Federation (HERE) showing manufacturer's confidence is also sharply down.

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