Brexit is paralyzed and so is the UK economy
London (CNN Business)The inability of UK politicians to agree how to leave the European Union has plunged Brexit into chaos and helped paralyze the British economy.
A weak housing market, slumping autos production, declining investment and downbeat executives all suggest that nearly three years of uncertainty over Brexit is causing the economy to stagnate.
The latest warning sign came Tuesday, when the British Chambers of Commerce said a survey of 7,000 businesses indicates that economic growth “nearly ground to a halt” in the first quarter.
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