Britain escaped a severe economic slowdown in the three months after the Brexit referendum shock, official figures are expected to show on Thursday, further diminishing the chance of a fresh interest rate cut by the Bank of England next week.
With consumers so far shrugging off worries about voters’ decision to quit the European Union, economists polled by Reuters have, on average, estimated that the economy grew by 0.3 percent in the July-September period from the previous quarter.
Many of those analysts are forecasting growth as high as 0.4 percent, slower than the 0.7 percent expansion in April-June but better than the most recent forecast by the BoE.
