Brexit: why the UK economy hasn't led to buyer's remorse

The recession meant to make leave voters regret decision has failed to materialise - with majority of people having moved on

We've all been there: that moment when you get home and realise you didn't want that new jumper and couldn't really afford it either. It is known as buyer's remorse, and it was a concept that gave the remain camp comfort as it reeled from the shock of defeat in the EU referendum vote in June 2016.

In the context of Brexit, buyer's remorse meant that people who had voted to leave would quickly regret what they had done because the economy would plunge instantly into the stonking recession predicted by the Treasury in the run-up to the plebiscite. Project Fear was actually Project Reality, it was said, and before too long Brexit voters would be clamouring for the chance to think again.

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The absence of economic Armageddon has simply reinforced the lack of trust in expert forecasters

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