Brexit impact

The Oxford Economics and Baker McKenzie study, however, said M&A activity would rise moderately in subsequent years.

Spending on foreign credit cards was up 22% on-year to more than £725m in December 2016.

The industry body TheCityUK is no longer asking for maintaining full passporting rights after Brexit.

The global economy is forecast to grow at 2.7% in 2017, up from the post-crisis low of 2.3% in 2016.

Decline in the pound, Brexit uncertainty and economic volatility in major markets were the biggest risks in 2016.

Outlets in London, Richmond and Exeter among the ones to be shut amid declining footfall.

BCC said the fall in the value of the pound helped offset the uncertainty caused by the Brexit vote.

About 27% of the CFOs more optimistic about the future prospects for their companies, up from 16% in Q2.

Britain's rapidly ageing population will put pressure on those of working age as social care systems struggle.

Only 29% of the 2,028 people surveyed said they were confident of the government.

CBI-Pertemps survey shows 41% of firms across the country would increase their workforce in 2017.

House of Lords committee urging the government to secure a transitional Brexit deal to preserve passporting rights.

Davis was speaking at a discussion attended by UK car makers such as JLR, BMW and Aston Martin.

Government needs to ensure EU workers are provided work even after UK leaves the bloc, food industry says.

Paris, Dublin and Frankfurt would struggle to replace London's infrastructure for the world's major lenders.

The bank has no plans to shift its headquarters from London.

The promise was made in a meeting attended by senior executives of companies such as Santander and Barclays.

Bank of England governor says British businesses need clarity as soon as possible over Brexit outcome.

UK motor industry faces £4.5bn car tariff threat, according to an SMMT analysis.

Price of four-pint milk bottle increased by 4% and pack of bananas to cost 6% higher.

The number of people in the UK who have $1m or more has reduced by around 15%.

The accountancy firm had previously warned it could shift its work outside the UK if the government restricts immigration.

The new office that is estimated to cost £1bn could create 3,000 additional jobs by 2020.

Office construction increased by 4% over the past six months to 14.8 million sq ft.

This follows the IFS predicting that the UK could face a £25bn hole in public finances by 2020.

The UK food industry would not be able to meet all the supply needed for the Christmas peak, ALP chief executive David Camp said.

The majority of those surveyed said they wanted the protection of the UK retailers to be a priority while making Brexit negotiations.

Steep fall in sterling and a new referendum on Scottish independence could lead to a further slide in ratings.

Business leaders in Brazil, US and China are most optimistic about the UK start-up environment.

Hard Brexit could lead to import tariffs of 14% on wine, 40% on cheese and 59% on beef.