The latest quarterly GDP figures, showing stronger growth than expected, are the latest to belie predictions of a post-referendum meltdown. Certainly, the worst predictions of the Remain campaign in last month’s referendum have not materialised; but these statistics are inevitably backward-looking and tell us little about what is to come.
Almost 60 transactions totalling $34.5 billion have been struck by foreign companies for British firms since June 23, according to Thomson Reuters data, compared with 79 deals amounting to $4.3 billion in the month leading up to the vote.
