Saturday, January 7, 2017

Brexit Works Financial Miracle For Britain

Britain has world’s top economy

Brexit vote was Bank’s ‘Michael Fish moment’

The FTSE 100 surged after the referendum in June to reach a record high by the end of the year
Daniel Leal-Olivas/Getty Images

Britain ended last year as the strongest of the world’s advanced economies with growth accelerating in the six months after the Brexit vote.

Business activity hit a 17-month high last month, meaning that the economy grew by 2.2 per cent last year — more than the six other leading nations, including the US, Germany and Japan.

Far from slowing after the referendum in June, as predicted by the Treasury and Bank of England, growth appeared to have improved. GDP grew at 0.3 per cent and 0.6 per cent in the first two quarters of last year, compared with 0.6 per cent and an estimated 0.5 per cent in the final period.
Again and again and again the "experts" are totally, irredeemably, 180 degrees wrong. Leftist concepts are not designed to produce anything other than concentrated power for the Leftists.

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