Majority of managers think Brexit uncertainty will affect UK economy

Survey finds 65% pessimistic about economic growth though many optimistic their own organisations will thrive

A majority of managers in the UK believe Brexit-related uncertainty will hold back economic growth next year and almost half think leaving the UK will be a drag in the long term, according to a survey.

The 2017 outlook from the Chartered Management Institute (CMI) paints a relatively downbeat picture of the UK economy, but managers appear optimistic about their own organisations' ability to thrive despite worries surrounding Britain's exit from the European Union and the global climate as Donald Trump takes over the US presidency.