UK economy resilient despite ongoing Brexit concern

UK economy resilient despite ongoing Brexit concern

Despite the overhang due to concerns over Brexit, a report from the United Kingdom’s Statistics Office showed output growth in the country’s service sector in the months following the divisive vote to leave the European union.

Most encouraging was the 0.4% expansion in Britain’s service sector, which was above the growth from the equivalent period a year ago – notable, given that many economists feared Brexit may dampen the prospects for the sector.

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