SINCE it voted to leave the European Union in late June, Britain’s economy has not imploded. The FTSE 250, its main domestically focused stock index, is above its pre-referendum level. The pound, after a few torrid days of trading immediately after the vote, has stabilised. Polls suggest that few Brexiteers regret their vote: indeed, many of them now argue that the pre-referendum doom-mongering was overblown, and some even detect the beginning of a “Brexit boom”. What is the reality?
How Britain’s post-referendum economy is faring
The economy has not imploded, but it will suffer
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