CBI survey showing slump in retail sales proves Vote Leave have broken their promises

A new CBI survey showing a slump in retail sales since Britain voted to leave the EU demonstrates that Vote Leave's promise that Brexit would boost the economy "was not worth the paper it was written on".

The CBI's Distributive Trades Survey found that sales in the retail sector had fallen at their fastest pace since January 2012, while orders placed on suppliers dropped at the quickest pace since the height of the Great Recession in 2009.

Commenting, Emma Reynolds MP, Patron of Vote Leave Watch, said:

"Vote Leave promised the British people that Brexit would boost our economy and create 300,000 new jobs.

"As this survey makes clear, this promise was not worth the paper it was written on.

"The new Tory government is dominated by Vote Leave ministers and Vote Leave policies. They need to be held to account for their broken promises."

/ends

NOTES TO EDITORS:

The CBI survey is here: http://news.cbi.org.uk/news/high-street-sales-see-summer-fall/.

  • David Davis, the new Secretary of State for Exiting the European Union, promised during the referendum campaign that "growth will be up not down" outside the EU. Link.
  • Boris Johnson, the new Foreign Secretary, promised during the EU referendum that Brexit would create 300,000 new jobs through new free trade deals. Link.

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