Brexit: UK businesses at most gloomy since referendum – Deloitte

British businesses are the most gloomy they have been about Brexit since the 2016 referendum, with eight out of 10 finance leaders expecting the long-term business environment to be worse as a result of the UK leaving the EU. Pessimism about the short-term effects of Brexit remains high, with nearly half (49%) of CFOs expecting to reduce their capital expenditure and 22% anticipating having to trim mergers and acquisitions activity. More than half (53%) of CFOs also expect to reduce hiring staff because of Brexit – the highest level in more than two years.