There’s a battle raging in the City over whether Britain is headed for a post-Brexit recession
|09/22/2016||Posted by BusinessMediaguide.Com under General World News||
When Britain voted to leave the European Union on June 23, economists almost universally predicted one thing — a technical recession would happen within a couple of years, as the UK adjusts to realities of leaving the EU.
Now people are not so sure.
There is a growing divide among forecasters about whether or not Britain is going to slide into recession towards the end of this year and into the beginning of next, or if it will just keep its head above water, continuing to grow, albeit at a much slower pace than if we’d voted to stay in the EU.