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Main » 2016 » September » 5 » Britain's economy will suffer as a result of Brexit: Theresa May
Britain's economy will suffer as a result of Brexit: Theresa May



HANGZHOU (Reuters) - On Sunday, British Prime Minister said that the UK economy will suffer as a result of the output of EU staff, despite the recent economic data showing that the impact was not as severe as some analysts had forecast. 



The decision of the country's residents to leave the economic bloc, which comprises 28 countries, caused a shock in the financial markets and expectations of recession, as Britain will sign new trade agreements.

On Thursday, the currency value increased after the release of stronger-than-expected data, according to which the index of business activity in the manufacturing sector reached a 10-month high. 

However, Theresa May said that the so-called «Brexit» would damage the national economy, and that the Government will continue to monitor the economic performance in the coming months to be ready to protect the economy from the shocks of any kind.

"Ahead of us waiting for hard times - said Mei reporters on arrival at the G20 Summit in Hangzhou, China. - Data send us mixed signals about the state of the economy. I think that the financial system's reaction was better than many expected, but you should understand that the adaptation process will not be easy. "

When asked about the possibility of additional stimulus, Ms. May said: "We are considering this issue. The authorities must take into account all the data. Only then we will have a clearer picture of what is happening. " 



Based on materials WELTRADE

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