Aug 26, 2016

UK economic growth: what the economists say

'Today's data confirms that the UK economy was in reasonable shape going into the referendum vote ...'

The UK economy grew a solid 0.6% in the months leading up to the referendum as consumer spending picked up and business investment bounced back, official figures confirmed.
Statisticians said there was little sign the June referendum on EU membership had affected growth. Economists are warning, however, that the second quarter will turn out to be a high point for this year with growth slowing in the third and fourth quarters as companies react to the decision to leave the EU.

Read more in: https://www.theguardian.com/business/2016/aug/26/uk-economic-growth-what-the-economists-say-gdp-brexit-vote

Katie Allen
www.theguardian.com/business/2016