The CBI is still worried about risk says the Grud:
Brexit will deliver double shock to UK economy, study finds
The report, titled Covid-19 and Brexit: Real-Time Updates on Business
Performance in the United Kingdom by the LSE’s Centre for Economic
Performance shows that sectors entailing more human contact - including
hospitality, air travel, restaurants, hotels, and arts and entertainment
– have been the hardest hit by the pandemic.
Other sectors such as the scientific industries, professional
services including accountancy, legal services and publishing have been
less impacted because they can continue to operate with staff working
from home....Among those reportedly continuing to operate with remote working are
firms such as Vodafone, Google, consultancy KPMG, GlaxoSmithKline, Rolls
Royce and consumer goods giant Unilever.
But Brexit will impose new barriers on those trading goods or
services with the EU, whether pharmaceutical companies seeking
regulatory approval, banks or services needing to transfer data from
servers in the bloc or car manufacturers or clothes importers required
to fill in customs declarations for the first time in decades.
[LSE Prof] Dhingra said the coronavirus pandemic had “reduced the capacity of the
UK economy to take further shocks” and “rushing Brexit through” would
“broaden the set of sectors that see worsening business conditions”.
Meanwhile, the Grunaiad's world-beating team of fearless investigative journos 'in their core mission to expose wrongdoing, incompetence, injustice and inequality', set out to 'interrogate the actions of those in power without fear' and 'give a voice to the oppressed and neglected, and stand in solidarity with those who are calling for a fairer future' with this scoop:
'Smelly and create great stains': emus banned from pub in outback Australia town
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