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Thursday 27 October 2016

UK - Little sign of Brexit vote downturn for UK economy - economy: euronews Business

Published on Oct 27, 2016
Britain is still waiting for the big downturn that was predicted after its vote to leave the European Union.

Economic growth in the UK slowed only slightly in the three months after the referendum.

Britain's statistics office said the economy grew by 0.5 percent in the July to September period. That was down from the previous quarter's 0.7 percent growth but beat forecasts for 0.3 percent growth.

The services sector improved, but manufacturing, construction and agriculture all contracted.

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