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 Updated October 1, 2020 03:38pm
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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.