UK firms report weakest growth since April 2013: CBI

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UK firms report weakest growth since April 2013: CBI
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British businesses reported their weakest growth in nearly six years during the ...

A tree covered in autumn foliage is seen with office skyscrapers around it during rainfall in the City of London, Britain, November 9, 2018. REUTERS/Toby Melville

The CBI’s index of private-sector activity over the past three months dropped to -3 in February from zero in January. Prime Minister Theresa May has yet to win parliament’s support for a Brexit transition deal although she has paved the way for a possible delay to Brexit beyond its scheduled date of March 29.

A survey last week showed manufacturers stockpiled goods by the most on record for any big advanced economy as they prepared for the possibility of border delays after Brexit.

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