British economy thwarts forecasts

British economy thwarts forecasts

Office of National Statistics (ONS) has announced that the economic growth in the third-trimester is at 0.5%, while the expected was zero growth or 0.3% maximum.
The economists predicted a real setback on the growth in the event of victory of Brexit. However, the Bank of England has eased its monetary policy for the first time in 7 years and consumers have not been worried by the fall of the pound as they’ve continued to spend their money vigorously.
Following Brexit, growth remains strong for the moment and the unemployment rate has never been as low since 35years.