Business & Finance

Bank of England survey shows furlough numbers falling, Brexit worries

  • However, firms said they expected a recent recovery in demand to stall over the next three months, and reported the highest level of anxiety over Brexit since December last year.
Published October 1, 2020

LONDON: A monthly Bank of England business survey showed the proportion of British employees still on furlough in September had dropped to 7pc from 12pc in August and a peak of 36pc in April, ahead of the government programme's closure at the end of October.

However, firms said they expected a recent recovery in demand to stall over the next three months, and reported the highest level of anxiety over Brexit since December last year.

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