This is what the post-Brexit recession will look like

LONDON (Reuters) and (BI) - Britain's biggest companies are beset by doubts about the future after last month's vote to leave the European Union and have slashed their investment plans, according to a survey on Monday that bodes poorly for the economy.
Business confidence in the UK right now is even worse than it was in the wake of Lehman Brothers' collapse in 2008, according to the Deloitte survey.
Some 82% of CFOs from FTSE 350 and large private companies expect to cut capital spending in the next year, the biggest proportion on record and up from 34% in the first quarter, accountancy firm Deloitte said.
While there has been a lot of noise about international businesses pulling out of the UK in the wake of the surprise vote to leave the European Union, this is more likely what an economic slowdown in the UK will look like post-Brexit vote — businesses freezing spending they otherwise would have made.
This represents a very real loss to the UK economy. While it may look like companies are ticking away as normal from the outside, they won't be growing because investment is on ice. If they're not growing, the economy won't grow and as a result will either stagnate or fall into recession.