Brief:
This article is talking about how different factories are stockpiling goods due to the uncertainty of Brexit, at a very high rate. Research done by HIS found that for the third month in a row the stock increase hit an all time high. This article also talks about the PMI which stands for the Purchasing Managers’ Index and how it rose from 52.1 in February to 55.1 in March, as well as in the Eurozone how it fell from 47.5 to 49.3. This article finishes off with a quote from Christ Williamson saying;
“Concerns over trade wars, tariffs, rising political uncertainty, Brexit and – perhaps most importantly – deteriorating forecasts for the economic environment both at home and in export markets, were widely reported to have dampened business activity and confidence.”
Opinions:
I did not really enjoy reading this article as it just shows the mess and confusion of Brexit, all of this article was showing what the uncertainty of Brexit was doing for companies in and outside of the UK.
Leave a Comment:
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https://www.bbc.co.uk/news/business-47772782
EIBMU5006Harry18075236 