Last quote by Simon Kirby
Simon Kirby quotes
Can the UK still be one of the best financial centers anywhere in the world, even if we're outside the EU? Well, let me say this is an absolute priority for this government.
We will listen to you.
There is an evens chance of a technical recession in the next 18 months, while there is an elevated risk of further deterioration in the near term. There are serious risks to the near term and it would not be a shock if we were to see growth rates come out even more subdued.
I don't think any of us are talking about a recession on the scale of that (U.K. downturn in 2008-09 after the global financial crisis).
Uncertainty will persist over the next couple of quarters rather than decay … The decline in business investment is expected to continue into the second half of the year and into 2017.
We are expecting a marked slowdown in the U.K. economy.