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Brexit Won't Lead To Drastic Downturn, PwC Says
- City A.M., Thursday, July 21, 2016 8:01 AM
The UK can breathe a collective sigh of relief today, as a report revealed the country should avoid a drastic downturn following the Brexit vote. Although the figures from PwC forecast a slowdown in GDP growth for the next few years, they did not project very negative growth. The firm pointed to a forecast fall in business investment as the key culprit behind the less optimistic figures.
