A survey of chief financial officers published by accountancy firm Deloitte highlights the costs on the uncertainty around the Brexit vote

  • 83% of CFOs thought the level of uncertainty facing their business was above normal, high or very high (from 64% at the end of 2015), for its highest level in over three years
  • "The referendum appears to already be contributing to a slowdown," David Sproul, chief executive of Deloitte, said
  • "Marked slowdown in M&A"
  • Plans for hiring and capital spending had also decreased

via Reuters

-

Hardly surprising, but surely unwelcome.