Article 4G0VE Theresa May's legacy is an economy transfixed by Brexit

Theresa May's legacy is an economy transfixed by Brexit

by
Richard Partington
from Economics | The Guardian on (#4G0VE)

While stockpiling gave growth a boost, uncertainty is delaying investment and pay increases

The economic legacy left by Theresa May includes a country transfixed by Brexit and treading water amid the uncertainty, with the escalating risk of a no-deal withdrawal sapping the economy, according to a Guardian analysis.

In a reflection of Britain's rudderless political situation, the prime minister hands over an economy that has benefited from a boost in stockpiling activity and is at record levels of employment, but has been starved of longer-term investment with companies holding back from spending on capital projects and refraining from making stronger pay settlements for British workers.

Continue reading...
External Content
Source RSS or Atom Feed
Feed Location http://feeds.theguardian.com/theguardian/business/economics/rss
Feed Title Economics | The Guardian
Feed Link https://www.theguardian.com/business/economics
Feed Copyright Guardian News & Media Limited or its affiliated companies. All rights reserved. 2025
Reply 0 comments