Over the past few weeks, there has been a deluge of positive economic data emanating from the UK, which has given those in favor of Brexit plenty of reasons to be happy. The positive data has also supported the British pound. Since mid-August sterling has rallied from a low of around $1.28 to the pound to $1.34. So it seems, the time being at least, that the UK economy is managing to dodge the economic catastrophe many economists warned of before the vote. That being said, it’s worth keeping in mind that Brexit hasn’t actually happened yet, and any data…
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