Business hope fading for Brexit clarity in 2020, Bank says

Bank of England survey suggests CFOs increasingly doubt PM’s election promises

Growing numbers of business leaders in the UK believe Brexit uncertainty will take longer to resolve than Boris Johnson pledged before the election, according to a Bank of England survey.

In a reflection of the challenges the government faces in striking a trade deal with the EU before the end of the year, Threadneedle Street said the date at which firms expected the issue to be clarified had been pushed further into the future.

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Author: Richard Partington Economics correspondent | Source

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