LONDON British retailers suffered their sharpest fall in sales in four years after last month's vote to leave the European Union, raising doubts about the ability of consumers to stave off a Brexit recession.
THE vast bulk of economists are forecasting UK base rates will be cut from their record low of 0.5 per cent next month, after surveys showing sharp economic contraction following the Brexit vote, a poll has revealed.
GlaxoSmithKline is to invest �275m to expand its UK manufacturing sites, saying the country remains "an attractive location" despite Brexit.
ITV, Britain's biggest commercial broadcaster, will aim to cut �25m of costs next year “whilst the economic outlook remains uncertain” after the vote to leave the EU.
FTSE 100 housebuilder Taylor Wimpey on Wednesday said trading since the EU referendum had been “in line with normal seasonal patterns” despite signs the prospect of Brexit is weighing on the broader UK housing market.