British Business May Be Cheering the First of the Last Hurrahs — Panjiva
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British Business May Be Cheering the First of the Last Hurrahs

Business Sentiment 220 Cons. Discr. - Autos 1247 Materials - Chemicals 273 U.S. 5399 United Kingdom 389

The CBI’s latest survey of U.K. business expectations did better than expected, MarketWatch reports, yet export expectations came down a little to -10% from -6%. This may be a sign that the post-Brexit vote, weak-sterling euphoria is fading. Exports to the U.S. are still growing, by 10% in August according to Panjiva data, but the rate of growth is slowing. A realization of tough times to come may be dawning.

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