Latest economic figures in UK boost pro-Brexit economists
Jump in retail sales, labour market report hint economy can defy gloomy predictions
DeeperDive is a beta AI feature. Refer to full articles for the facts.
London
PRO-"BREXIT" economists smell vindication, not fear.
With consumers on their biggest summer spending spree in 14 years after Britain's vote to quit the European Union, "Leave" backers Patrick Minford and Ruth Lea see reasons to be cheerful. For them, bumper retail sales figures this week and a report showing the labour market remained resilient provide initial evidence that the economy can defy gloomy pre-vote predictions.
Share with us your feedback on BT's products and services
TRENDING NOW
From 1MDB to ‘corporate mafia’: Is Malaysia facing a new governance test?
Middle East-linked energy supply shocks put Asean Power Grid back in focus
Beijing’s calculated silence on the Iran war
DPM Gan warns of 3 structural shifts to the global system that will bring greater challenges – and opportunities