Thursday, February 2, 2017

Brexit hasn't hampered Britain

What does 2017 hold for the British economy?

Andrew Lilico, CapX
    The economists who warned of a Brexit-induced recession are now being forced to upgrade their forecasts, as growth shows no signs of slowing. But some still insist that doom is around the corner - so are they right? If anything, Britain is likely to do better this year than last, as the benefits of the falling pound kick in. Inflation and Brexit's transitional costs may take the gloss off, but there is certainly no need for alarm.