Andrea Felsted, Columnist

Brexit Britain Has a Noxious New Cloud On the Horizon

The sunshine has boosted retailers, but the sudden spike in gasoline prices is a a big worry.

June 5, 2018 at 10:10 AM UTC

Andrea Felsted is a Bloomberg Opinion columnist covering consumer goods and the retail industry. Previously, she was a reporter for the Financial Times.

Potential choker.
Photographer: Scott Barbour/Getty Images Europe

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The sun has finally brought Britain’s shoppers out of their post-Christmas gloom – a relief of sorts for those who worry about the damage that Brexit might inflict on the country’s economy.

But while I’ve argued before that the despondency has been overdone, the recent spike in gasoline prices does leave cause for concern.