Brexit boom: britain flourishing as uk economy grows

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Ian Stewart, Deloitte’s chief economist, said: “The UK’s performance has been rather better than the gloomy talk would suggest. "Talk of an end to UK growth has been somewhat


exaggerated."  Mr Stewart said a year ago it was universally agreed upon that unemployment in the UK would rise, however, it has now “fallen by 150,000 and the jobless rate is at a 42


year low". The current account deficit has dropped by £3billion in the third quarter.  It now stands at £22.8billion from the three months from July to September, equating to 4.5


percent of GDP. Paul Hollingsworth at Capital Economics believes economic growth will accelerate to 2.2 percent in 2018.