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Growth across UK economy stagnates as firms brace for Brexit, says CBI

Private sector growth stagnated in the quarter to February, according to new data from The CBI, as firms "brace" for Brexit. Rain Newton-Smith, CBI Chief Economist, said: "Economic momentum is ebbing away as consumer confidence weakens and businesses brace themselves for the possibility of a no-deal Brexit. More and more companies are hitting the brakes on investment and day-to-day business decisions are becoming increasingly problematic."

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