How Has Brexit Impacted U.K. Business Investment?
U.K. business confidence dropped and pessimism about the economic outlook almost doubled in the week after Britain voted to leave the European Union, according to a survey. An index published by YouGov Plc and the Centre for Economics and Business Research on Tuesday tumbled to 105 from 112.6 in the three days ended June 23, the referendum date. The survey, which was carried out between June 28 and July 1, also found the proportion of businesses that are pessimistic about the economic outlook climbed to 49 percent from 25 percent. Globalive Capital Founder & Chairman Anthony Lacavera discusses with Bloomberg's Anna Edwards and Manus Cranny on "Countdown."
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The Main Takeaways From Theresa May's Speech in Florence
23:53 - Prime Minister Theresa May proposed for the first time to pay to maintain trading links with the European Union for up to two years beyond Brexit as she laid out her most detailed ever blueprint for a deal. Bloomberg's Richard Jones takes a look at the main takeaways from her speech in Florence, Italy. (Source: Bloomberg)