UK's early economic resilience adds new wrinkle to Brexit

Press quote (The Wall Street Journal)
22 September 2016

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.