YouGov/CEBR poll of UK businesses
- 49% are pessimistic on the economic outlook for the next 12 months after the result of the Brexit vote
- This compares with 25% prior to the vote
Reuters reporting on falling confidence
- 26% of respondents were pessimistic about their own business outlook (up from 16% pre Brexit vote)
- Expectations for domestic sales, exports and capital investment all dropping sharply
Scott Corfe, director at CEBR:
- "These figures .... suggest a significant shock reaction (to Brexit)
- "Not only are businesses feeling much more pessimistic in general about the state of the economy, but their own expectations for domestic sales, exports and investments over the next 12 months have gone off a cliff."
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- YouGov is a polling firm
- CEBR is the Centre for Economics and Business Research
- The survey was of 1,000 British-based companies
