UK sales slump a signal that Brexit biting?
Surprise December drop in activity was biggest in five years
After a run of positive economic data, which confounded many opponents of Brexit, could this morning’s December’s British retail sales figures be a signal thatthe fall-out from the referendum will really start to bite the British economy this year?
Last week, the Bank of England’s chief economist Andy Haldane admitted that the central bank’s gloomy forecasts following the Brexit votehad been wide of the mark so far.
“We had foreseen a sharper slowdown ...
