Steady Economic Growth Raises Hopes UK Can Avoid a Brexit Crunch

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Britain’s economy will keep growing steadily in the coming years, slowing only a touch in 2017 in response to the Brexit vote, according to forecasts from the National Institute for Economic and Social Research (NIESR).

It expects the UK to grow by 1.7pc in 2017, 1.9pc in 2018 and 2.1pc in 2019, compared with growth of 2pc in 2016.

Such steady numbers defy the initial post-referendum predictions of a dramatic slowdown, though NIESR does note that its own pre-referendum forecasts were for much stronger growth in 2017.

Source: The Telegraph

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