British consulting company IHS Markit reported a sharp deterioration in the business climate in the UK, because only 32% of British companies surveyed expect business growth in the next 12 months, which represents the lowest figure since 2009. Concerns about the agreement on Brexit had negative impact on investment activity and the number of planned new employees. German business representatives are concerned about the likelihood of a disorderly exit of the UK from the EU. Dieter Kempf, Chairman of the Federal Association of German Industries, believes that this can lead to large losses in many industries, especially in the aircraft industry, chemical and pharmaceutical industry, mechanical engineering and the field of electrical engineering.
Dollar eases after sharp drop as greenback funding remains secured23.03.2020
Stocks suffer as countries stop business operations to contain virus17.03.2020
UK to rally business support as coronavirus spreads further10.03.2020
Oil recovers after sharp decline, forecast remains ambiguous