The Traderszone Network

Published in TZ Latest News 1 August, 2016 by The TZ Newswire Staff

EY ITEM Club slashes UK 2016 GDP forecast to 1.9% vs 2.6% prior

The latest forecast for UK financial services from Ernst & Young
The is out with their summer outlook. It’s slashed growth forecasts due to;
Financial Services arm of the UK EY ITEM Club
“The recent decision to leave the EU has clouded the prospects for the economy and for financial services, just when the fundamentals were looking positive.  Consequently the latest ITEM Club Outlook for financial services presents a less certain picture than my first Outlook as EY’s UK FS Managing Partner six months ago.