OECD predicts Brexit impact will be less than expected on UK growth
But 'unpredictablility of Brexit' remains a major downside risk
Brexit will have less of an impact on the British economy than initially thought, according to the Organisation for Economic Cooperation and Development (OECD) who revised up its UK growth forecasts.
According to its November Economic Outlook, UK growth forecasts were revised from 1.8% to 2% this year, and from 1% to 1.2% in 2017. The OECD, along with the Bank of England, was one of the forecasters...
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