Tuesday, 13 September 2016

UK must speed up infrastructure plans to cope with Brexit hit

UK must speed up infrastructure plans to cope with Brexit hit

Britain's government needs to speed up its decision-making on big infrastructure projects to help the country's economy withstand a slowdown caused by the Brexit vote, a leading employers group said on Monday. The British Chamber of Commerce cut its forecasts for economic growth in 2016 to 1.8 percent from a previous estimate of 2.2 percent and it also downgraded its 2017 and 2018 growth forecasts to 1.0 percent 1.8 percent respectively.
Read more: http://uk.reuters.com/article/uk-britain-eu-employers-idUKKCN11H0S7?source=Snapzu

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