Businesses hope brexit talks bring certainty to a year of instability
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The US economy is also slowing, and nobody blames Brexit for that. The dip in the pound following the referendum last June did push up the price of imported goods, but the sterling
sell-off gathered pace only when a panicking Bank of England cut interest rates to 0.25 per cent and unleashed yet more stimulus in August. Wages have been stagnating ever since the
financial crisis and economists blame that on poor UK productivity, a problem long before the vote to leave. What businesses need now are calm heads and above all, clarity. Whether we are
facing a hard, soft, clean or red-white-and-blue Brexit, UK Plc needs to be kept up to speed. It can cope with almost anything, except uncertainty. Let the talks begin, and please, let
business know what to expect.