GBP News 

Growth slumps to lowest in two years as businesses panic over Brexit 

“The economy risks grinding to a halt as Brexit panic grips businesses, with new data showing activity slowed sharply in November” writes Tim Wallace for telegraph.co.uk. Any score above 50 indicates growth, so this suggests stagnation across the biggest part of the economy.Economists had expected the PMI to rise to 52.7 in a modest acceleration of growth.GDP growth could be slashed to just 0.1pc in the final quarter of the year as a result, tumbling from 0.6pc in the previous three months.
 
Source: telegraph.co.uk



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