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UK businesses report fall in #Brexit uncertainty in December - #BoE survey

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British businesses reported a fall in Brexit-related uncertainty last month, according to a Bank of England survey that was conducted before and after Prime Minister Boris Johnson’s landslide election victory on 12 December, writes Andy Bruce.

The BoE said a gauge of Brexit uncertainty in its monthly Decision Makers’ Panel survey fell to a six-month low in December.

However, 42% of respondents said they did not expect Brexit uncertainty to be resolved until 2021 at the earliest, up from 34% in November, the BoE said.

Johnson has said he will clinch a deal settling Britain’s future trade ties with the European Union before a deadline on 31 December 2020.

The survey of 2,887 business executives was conducted between 6-20 December.

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