BOE sees no clear evidence of sharp Brexit slowdown - RTRS

Bank of England (BOE) said in its regional agents survey for the month of July that there is ‘no clear evidence’ that a sharp slowdown was underway in Britain's economy after the June 23 vote to leave the European Union.

Key Quotes:

A majority of firms spoken with did not expect a near-term impact from the result on their investment or staff hiring plans. But around a third of contacts thought there would be some negative impact on those plans over the next 12 months.”

"As yet, there was no clear evidence of a sharp general slowing in activity."