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Industry gives Brexit-bound UK economy a shot in the arm

Reuters  |  LONDON 

By Andy Bruce and David MillikenLONDON (Reuters) - British industry enjoyed solid growth in November, benefiting from a global upturn that has allowed the economy to outperform gloomy forecasts made after 2016's Brexit vote, although it still lags behind its international rivals.The British economy grew more slowly than all other Group of Seven members in the first nine months of 2017 as consumer-facing sectors suffered from a surge in inflation caused by sterling's post-Brexit vote plunge.With departure from the European Union set for March 2019, few economists think growth will improve this ...

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First Published: Wed, January 10 2018. 18:44 IST