Despite a lot of trepidation over the United Kingdom’s decision to leave the European Union, it seems like the predicted recession is not happening to Britain. This decision has been very divisive in terms of what Britain’s economy will look like in the near future, with many so-called experts saying that the Brexit vote will damage the economy.
XTrade Europe financial experts and economists believe that the United Kingdom will be able to avoid a recession. However, they also advise traders to exercise caution as the new British Prime Minister start formal talks on the terms of the UK’s exit from EU.