Article 301JD Big UK firms face 2018 slowdown amid Brexit uncertainty, study finds

Big UK firms face 2018 slowdown amid Brexit uncertainty, study finds

by
Shane Hickey
from on (#301JD)

Profit growth at largest companies is expected to decline as some put plans on hold or move operations elsewhere in EU

The long-term effects of the Brexit vote on the economy will become clear next year when profit growth at some of the UK's largest companies is expected to drop considerably, according to a new study.

An analysis of forecasts for 2018 gives a grim view on the future for some of the UK's biggest companies, with expectations that there will be a marked slowdown.

Related: Brexit economy: outlook positive but rocky negotiations could bring instability

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