Category: Great Britain Withdrawal from EU (Brexit)

U.K. Economy Sputters and Barely Avoids a Recession

The New York Times – Business:
Economic growth was unchanged in the fourth quarter, and slow expansion is expected in the years ahead.
Small and Scrappy Is the Way for London’s Galleries After Brexit

The New York Times – Business:
The city’s art market is shrinking and some major players have left. But young dealerships presenting work by emerging artists are springing up in their place.
Brexit Turns 3. Why Is No One Wearing a Party Hat?

The New York Times – Business:
The divorce between Britain and the European Union has become the dark thread that, to many, explains why Britain is suffering more than its neighbors.
For British Farmers, the Effects of Brexit Have Become Clearer

The New York Times – Business:
In the years since Britain voted to quit the E.U., many Eastern Europeans have left the country, adding to a shortfall of about 330,000 workers. The food and farming sectors have been hit particularly hard.
British Battery Start-Up Files for Bankruptcy

The New York Times – Business:
The failure of Britishvolt is a blow to Britain’s plans to promote the manufacture of electric cars, and threatens the future of its automotive industry.
Britain Is on the Verge of Its First Satellite Launch

The New York Times – Business:
A rocket launched from a Virgin Orbit jumbo jet is expected to put satellites into orbit, a step for Britain into the space launch business.
Waiter Shortage Hits London Restaurants After Brexit

The New York Times – Business:
Europeans used to flock to London for restaurant jobs. Now, with doors to migrants largely closed after Britain left the European Union, many establishments are becoming desperate.