Confident British CEOs back themselves to flourish after Brexit

Loading player...
There's always a lot of meat in PWC's annual CEO survey which is released in Davos on the eve of the start of the annual meeting. The 22nd edition, released on Monday night, was no different. Of the two key issues to emerge, one you might well have expected, but not the other. The super confidence that CEOs globally exhibited last year has been tempered by the trade war and political tensions. So whereas last year's survey was super bullish, this one almost depressive with six times more CEOs expecting a drop in economic growth. But the bright spot comes from an unlikely source. Kevin Ellis, PWC's head of Europe, Middle East and Africa, says the survey shows British CEOs are backing themselves to flourish after Brexit. A contrarian view, but as Ellis unpacks the issues, it's one that makes lots of sense. Learn more about your ad choices. Visit megaphone.fm/adchoices
21 Jan 2019 4PM English South Africa Investing · Business News

Other recent episodes

BN Daybreak Fri 16 Jan: Trump’s Nobel “Medal”; Farmers boo Steenhuisen; ASML jumps

In this episode of BizNews Daybreak, Alec Hogg covers the intersection of high-stakes global politics and critical local challenges: Trump’s Nobel Moment: Venezuelan opposition leader Maria Corina Machado presents her Nobel Peace Prize medal to Donald Trump at the White House, calling him the “heir to Washington”. US-Taiwan Trade Deal:…
15 Jan 11PM 18 min

BN Daybreak Thurs 15 Jan: Abedian on SA Silence about “21st Century Nazis”; Mining Indaba's back story; Sasol Surges

In this morning's briefing, Alec Hogg unpacks a volatile geopolitical landscape where conflicting reports emerge from Iran—Donald Trump claims de-escalation while internal memos suggest mass casualties. We speak to Iranian-born and bred entrepreneur and former UCT Economics Prof Iraj Abedian, who delivers a scathing critique of the South African government's…
14 Jan 11PM 17 min