LONDON (Reuters) – British businesses have turned gloomier about the economy as the country’s political crisis deepens, bucking an improvement in sentiment earlier this year, according to a survey published by an employers group on Friday.
Confidence in the economy fell to -28% in the period between May 22 and June 5, down from -19% in April and the first decline registered in 2019, the survey conducted by the Institute of Directors (IoD) showed.
Survey - Firms - Announcement - Theresa - May
The survey of 893 firms coincided with the announcement by Theresa May on May 24 that she would stand down as prime minister.
Since then, the two candidates to replace her have said...
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