Who do you believe? So many different sources forecasting armageddon for the UK economy if there was a Brexit vote. Now the same sources, in this case Moody's , are changing their tune. Unemployment was forecast to rise, yet it fell again. Don't people want to hear good news? Business needs reliable sources of forecasting data and rather like the opinion polls it shows there is precious little accuracy out there.
UK economy is expected to witness a decline in business investment and consumer spending in 2016 and 2017, it will not enter into a recession, according to Moody's Investors Service. The rating agency said it expected a 1.5% growth in 2016 and 1.2% in 2017.