No-deal Brexit could trigger flurry of profit warnings, say accountants

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ICAEW tells MPs there could be ‘systemic’ impact on economic confidence if UK crashes out

Crashing out of the UK at Halloween could result in a “flurry of profit warnings” from publicly listed companies in November, MPs have been warned.

The Institute for Chartered Accountants for England and Wales (ICAEW) told MPs that this could have a “systemic” impact on the confidence in the British economy.

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