Monday, 8 August 2016

CONFLICTING REPORTS ON POST BREXIT CONFIDENCE

There are conflicting reports this morning about confidence.  Bloomberg (HERE) suggest consumer confidence as expressed in spending at Visa has barely been affected and has risen a little if anything but add at the end that the BoE believed that consumer spending would remain unchanged this year at an extra 2.5%.

Meanwhile, in Northern Ireland a report in The Independent (HERE) shows drop in business confidence with the number of new orders falling in July for the first time since April 2015.

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