Brexit much worse bankruptcy Lehman Brothers: the business elite of Britain - 19 July 2016 - free no deposit forex bonus
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Main » 2016 » July » 19 » Brexit much worse bankruptcy Lehman Brothers: the business elite of Britain
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Brexit much worse bankruptcy Lehman Brothers: the business elite of Britain

 

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The mood of the leaders of the UK's largest companies have deteriorated significantly.

 

 

A new study conducted by Deloitte, showed that about 80% of CFOs expect slowing spending and the pace of job creation over the next year as a result of the decision of Great Britain to leave the EU. In addition, more than two-thirds of people think that the so-called «Brexit» will to the deterioration of the business environment in the country in the long run. According to the consulting company, the level of trust has decreased at a faster pace than in the times of global financial crisis.
 

"Splash of uncertainty has a toxic effect on business sentiment, while optimism fell to its lowest level since 2007. Figures even lower than the level observed in the result of the bankruptcy of Lehman Brothers in late 2008, "- the authors of the quarterly survey.
 

"The results of the referendum provoked a strong negative reaction from the UK corporate sector", - says the Deloitte report. The survey 132 senior executives of companies that are part of the FTSE 350, was conducted between June 28 and July 11.
 

As is known, the decision of Britain to leave the EU staff initially caused upheaval wave in world markets. The pound fell to a 31-year low against the dollar, and still trading at 12% below the level prior to the referendum.
 

On the Bank of England said last week that some companies have postponed some investment projects because of the uncertainty of prospects caused «Brexit».
 

From Deloitte survey shows that the outcome of the referendum forced financial managers primarily focus on security.
 

"For the first time in more than a year, the main priorities of the major British corporations began to decrease costs and increase cash flow," - said in a company statement.
 

The survey also showed that the vast majority of respondents are confident that the number one priority for the new government of Great Britain should be a clear plan for negotiations with the EU.

 

 

Based on materials WELTRADE

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