In Ironic Twist, Britain Was The Fastest Growing Developed Economy In 2016
Who can forget the "doom and gloom" warnings about the fate of the UK should Brexit win? Well, according to the latest confirmation received on Thursday, they were not only wrong but with an ironic twist because according to the Office for National Statistics, the UK economy grew by 0.6% in the Q4 of 2016, more than the 0.5% consensus estimate, and - more importantly - grew by 2% for all of 2016, making the UK the fastest growing economy among the G7 in the past year.