Brexit Is Beginning to Bite

Optimism in Britain's financial sector slumped in the second quarter of 2017 according to a survey by CBI and PwC.
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Brexit seems to be beginning to bite.

Optimism in Britain's financial sector slumped in the second quarter of 2017 according to a survey by CBI and PwC. The reason behind the slump is believed to be the increasing and continuing uncertainty over the terms of Brexit.

A slowdown U.K. retail sale slowed amid a pullback in spending linked to the country's surging inflation and slowing growth. This was reflected in June figures, which showed that despite arm weather & celebratory events, rising inflation caused retailers to keep their wallets closed.

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