British companies facing worst quarter in seven year.

British non listed companies faced the worst quarter in seven years, due to Brexit uncertainty and delaying economic growth. Before the first Brexit deadline of 29 March, many companies too advantage of growth of the number of orders. Mainly because companies were building up stock before Brexit could disturb the business with EU. After March the business became more quiet. I the 2nd quarter the activities of companies decreased most rapidly since September 2012. “British economy is delaying due to uncertainty about the British relationship with the EU” according to Rain Newton – Smith, senior economist at the CBI. “There is an urgent necessity for the new prime minister to make a deal ”. On the 23rd of July the new prime minister will be announced. Boris Johnson and Jeremy Hunt currently currently battle for this position. Both of them declared to be prepared to leave the EU without a deal.