Britain to avoid recession but poll shows Brexit concerns remain

Britain is now expected to narrowly dodge a mild recession that was widely predicted after the country voted to leave the EU, but the UK government will still need to add fiscal stimulus to support growth, a Reuters poll has found.

Before — and soon after — the June 23 referendum, economists were almost united in saying a vote to leave the EU would send the country into a mild recession based on an assumption that the government would move swiftly to start the divorce process.

However, as the likely date of that first move has been pushed off until early next year or later, a survey of around 70 analysts taken in the past few days shows many have tempered their views.