Tuesday, December 26, 2017

We got it wrong on Brexit gloom, economists admit: Buoyant British economy is set to power past France by 2020...

Britain's economy is now predicted to overtake France's in 2020 as experts admitted they had been too gloomy over Brexit.

The Centre for Economics and Business Research (CEBR) had claimed the economy would slow down because of a drop in consumer spending and investment.

But last night the think-tank admitted it had got this wrong, saying: 'In practice this has not happened.'

Its economists accepted the fears they expressed last year that Brexit would leave the UK behind the French economy for five years were exaggerated. Full story...

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