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UK Economy Slows Further in Worrying Spiral

Monday, July 10, 2017

In a worrying sign for the UK economy, major firms have curtailed investment plans and consumers are spending less on their credit cards according to Deloitte. Once again, the Brexit experiment is to blame followed by one of the most inconclusive elections in British history, which has rather unsurprisingly left everyone rather confused. There has been a steady stream of poor economic figures for the country to digest just as Europe appears to be emerging from a decade of discontent. How a government with little authority or understanding of public opinion will grapple with a slowing economy is difficult to tell, but like businesses, I can’t say I’m optimistic.

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