Brexit ‘volatility’ blamed as UK economy shrinks for first time since 2012 SUBSCRIBE: https://youtu.be/xsXMP6qQv-w : The British economy has shrunk for the first time since 2012. GDP dropped by 0.2 per cent in the second quarter of, a fall blamed on ‘increased volatility’ about Brexit.
The pound fell sharply on the news, hitting its lowest point against the dollar for almost 3 years – increasing fears that the economy could slide into a recession. But the Chancellor, Sajid Javid, told Channel 4 News he wasn’t expecting any such thing. #Brexit #Economy
Get more news at our site – https://www.channel4.com/news/
Follow us: Facebook – https://www.facebook.com/Channel4News/