• Britain's economy has defied gloomy Brexit predictions, Moody's says

    2 monthes ago - By Business Insider

    Moody's says the impact of Brexit on UK gross domestic product is "more benign than the pre-referendum forecasts."
    The credit ratings agency's chart shows actual GDP vs pre-referendum predictions.
    Doomsday hasn't shown up... yet.
    An analysis of Britain's creditworthiness conducted by Moody's, the debt rating service, shows that the impact of Brexit on UK gross domestic product is "more benign than the pre-referendum forecasts."
    The chart - which shows UK GDP indexed back to 2015 - features actual GDP growth in green, alongside pre-EU referendum forecasts from the Office for Budget...
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