Warnings of British economic downturn piling up

On Friday, market research firm GfK found that consumer confidence took a dive in the wake of the June 23 decision to leave the EU. In a one-off survey to gauge the impact of the referendum result, it said its core index of consumer confidence dropped by 8 points to minus 9 in July, its lowest level since December 2013.

Warnings of British economic downturn piling up

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