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Economy

The pound has plunged in value, businesses have been losing contracts amid soaring import prices, and large employers dependent on access to EU markets are talking about reducing their UK operations or moving away completely. Here we present big-picture indicators and stories from businesses large and small.

Fifty/fifty chance of recession warns think tank

Britain's economy will shrink this quarter and there is a 50 percent chance of recession before the end of next year because of the Brexit poll,...

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HSBC profits plunge amid Brexit uncertainty

Chairman cites poll turmoil amid 29% profit slump

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Ford to consider closing UK factories

Dagenham and Bridgend jobs under threat in post-Brexit plans

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Manufacturing takes ‘leap backwards’ since Brexit result

Manufacturing activity falls at fastest rate since 2013

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How customs costs could rocket under Brexit

Extra costs to government and business 'could well be in the billions'

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Mrs Brown film follow-up stalled by Brexit

The fall in sterling has put costs up for the proposed movie sequel

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Farmers voted Leave ‘without knowing consequences’

Threat to payouts has 'caused considerable dismay' says peer

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Countrywide warns housing slowdown will hit profits

Profits will be lower than last year says UK's biggest estate agent

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High street sales see summer fall

Retail sales fell in July at the fastest pace in more than four years, according to the Confederation of British Industry. The CBI’s latest monthly...

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Thousands of London home sales collapse

Surge in 'failed sales' comes amid sharp drop in prices

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London enjoys ‘Brexit boom’ in tourism

The capital is enjoying a boom in tourism as visitors flock to London in record numbers to take advantage of the pound’s fall in value....

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Foxtons profits down amid “dramatic” sales drop

Estate agent’s profits fall 42 percent as London market cools

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Negative interest rates on the way says Blanchflower

Rates could fall to minus 2 percent or even lower as a result of Brexit shock

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GlaxoSmithKline says UK still ‘attractive’ post-Brexit

The pharma firm is to invest £275 million to expand its UK manufacturing sites

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