Markit's Purchasing Managers' Index (PMI) in July is at its worst level since April 2009.

The European Commission’s forecast published on Tuesday suggests the British economy will slide into recession next year; British managers are more pessimistic. They think the British economy will be in technical recession within 2016.

The European Commission projected on Tuesday that the British GDP will surge by 1,3-to-1,6% in 2016; it projects 1.3% for 2017, down from a pre-Brexit 1.9% estimate. Br...


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