UK manufacturing fell suffered sharpest decline in seven years.
Among the chaos caused by Brexit, Britain's manufacturing plummeted, with data showing the biggest drop in seven years. The pound dropped 0.6% against the dollar on Monday, as the global economic slowdown and Brexit weighed on the British economy. One analyst said,"confidence is on the floor, with manufacturers as pessimistic as they have ever been." Watch the pound trade live. View Markets Insider's homepage for more stories.
Among the chaos caused by Brexit, Britain's manufacturing plummeted, with data showing the biggest drop in seven years. The pound dropped 0.6% against the dollar on Monday, as the global economic slowdown and Brexit weighed on the British economy. One analyst said,"confidence is on the floor, with manufacturers as pessimistic as they have ever been." Watch the pound trade live. View Markets Insider's homepage for more stories.
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