GBP-EUR exchange rate history from June 1 to present. Data taken from exchangerates.org.uk. Background image by freestocks.org/Flickr. Montage by Cameron Thibos.
More than five months on from the referendum, it is still hard to establish how much the vote to leave the EU has affected the economy, let alone what will happen next. The more extreme projections of a slide into recession have, so far, proved to be unfounded. Critics of ‘project fear’ will be gratified to see the latest data from the Office for National Statistics (ONS) confirming the earlier flash estimates for third quarter GDP, which show that the British economy grew at an annual rate of 0.5%. Buoyant employment data tell a similar story.
