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Tag Archives: Brexit

UK tech sector being held back by slow economy, says KPMG

The UK tech sector marked seven years of continuous business activity expansion in Q2 2019, but, according to KPMG’s latest UK Tech Monitor Index, there are now signs that “subdued domestic economic conditions” have started to hold back growth. The Index, which measures the strength of business activity across the …

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Soaring logistics company failures “an early warning of a possible recession” says ParcelHero

ParcelHero has warned that the failure of a significant number of major logistics and delivery companies over the past year is an early warning of a possible Brexit-fuelled recession. Calling the logistics industry a “bellwether for the economy”, ParcelHero says that the abnormally high number of leading supply chain companies …

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UK firms should be “careful what they wish for” when it comes to a Brexit resolution, warns ParcelHero

Despite UK businesses crying out for a resolution to the Brexit limbo, ParcelHero has warned that they should be careful what they wish for, as its recent study reveals most companies go bust immediately after, rather than during, a downturn. Whether it’s a hard, soft or no-deal Brexit, most businesses …

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Brexit-related uncertainty affects European PC sales in Q1

Volume sales of PCs through Western European distributors were down 2.4% in Q1 2019 compared to last year, reveals the latest report from Context. The report shows that consumer demand remained weak throughout the first quarter. Another factor was the continuing tight supply of Intel chips. Consumer PC sales declined …

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