At Daniel Cobb we۪ve been watching media headlines closely since the referendum vote, in an attempt to gauge the likely effect of Brexit on the nation۪s economy.After a few, tense weeks of uncertainty, it seems that British people are now being cautiously optimistic about the future. This recent article in the Guardian reports that people are now feeling more positive about their finances in the coming year. The Markit household finances index for August shows a 2.7 increase (to 49.8) compared with July۪s more pessimistic figure of 47.1. The Office for National Statistics has also recorded an increase in retail sales in July, with sales rising by 5.9% compared with the same month last year.Thanks to our recent Olympic victories and the late summer sunshine, it۪s turned out to be something of a golden August for Britain, and recent figures have added to the feeling of optimism. Our offices in Westminster,London Bridge and Kennington are now prepared for a busy September. This is a good time to beat the rush, so if you are thinking about buying or selling property in central London, give us a call today.
The British public۪s confidence in the economy recovered in August as the country appeared to shrug off concerns that the Brexit vote would harm prospects for jobs and higher wages.
https://www.theguardian.com/business/2016/aug/17/public-confidence-in-uk-economy-recovers-after-brexit-vote-survey-finds
