UK economy defies Brexit gloom even as crisis deepens

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Latest Guardian analysis finds economic indicators positive but weaker growth is forecast

MPs are entering the crunch phase of the Brexit process against a backdrop of better news from the British economy, despite growing alarm over the political deadlock and the lingering risk of a no-deal departure from the European Union, according to the latest Guardian analysis.

 

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Pre-Brexit cheer for Hammond and UK economy from latest dataFigures from the Office for National Statistics suggest the economy may be expanding at a better rate than expected. Good news for the UK economy, especially considering the rhetoric that the UK economy is in free-fall approaching Brexit. Everyone is stockpiling!....There will be a major correction. Should the BoE raise UK Interest Rates today, on this good news?
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