British Managers Buoyant Before Brexit, French Frown — Panjiva
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British Managers Buoyant Before Brexit, French Frown

Brexit 176 Business Sentiment 220 Elections 124 France 167 Trade Deals 1017 United Kingdom 389

The latest CBI survey of British managers shows the proportion with order books above normal jumped to 10% from minus 10% just a month earlier. That was the best result since December 2013. Meanwhile export order expectations reached their highest since 1995. That comes just ahead of the Brexit process being started. French managers by contrast became a little more pessimistic, with a net 5% seeing orders below normal vs. 3% a month earlier. That may be a result of the risk of a populist election result suppressing export capabilities, as well as a decline in exports in January.

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