UK's early economic resilience adds new wrinkle to Brexit
John Springford at the Centre for European Reform, believes the lack of an immediate recession makes it more likely that pro-Brexit politicians will win their case for a dramatic break from the EU. ...Consumption, which has sustained growth, also tends to be a lagging indicator. “The mistake that we made in July was that we assumed that consumers were more forward-looking than they are,” Mr Springford said.