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UK Fox: Brexit is not the only reason for slowdown

UK Trade Minister Liam Fox said today that Brexit is not the only reason for growth slowdown. He said in a news conference that “clearly there are those who believe that Brexit is the only economic factor applying to the UK economy.”

But he argued that “the predicted slowdown in a number of European economies is not disconnected from the slowdown, for example, in China”. And, “the idea that Brexit is the only factor affecting the global economy is just to miss the point.”

Meanwhile, even with Brexit impasse, “the chances of having a second referendum are as close to nil as I could imagine.”

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