Money

U.K. Economy Posts Third-Quarter Growth of 0.5% After Brexit Vote

Written by Teunis Felter

The U.K. economy slowed only slightly in the three months following voters’ decision to exit from the European Union, according to an official estimate Thursday that confirms the U.K. weathered the surprise referendum result better than many expected. In the most comprehensive picture of the U.K. economy since the Brexit vote, the Office for National Statistics said the economy expanded 0.5% in the third quarter compared with the second, equivalent to an annualized rate of 2%.

http://www.wsj.com/articles/u-k-economy-sees-third-quarter-growth-of-0-5-after-brexit-vote-1477557714

About the author

Teunis Felter

Teunis Felter has over 20 years experience as an author, editor, and scientist. When not exploring outside, he enjoys reading history, researching genealogy, and civilly discussing politics.