Article 44QN8 North-south economic divide set to narrow as Brexit hits London growth

North-south economic divide set to narrow as Brexit hits London growth

by
Richard Partington Economics correspondent
from Economics | The Guardian on (#44QN8)

Capital no longer growing at a much faster pace than the rest of the UK, report says

Slowing growth in London since the Brexit vote has put the British economy on track to narrow the north-south economic divide over the coming three years, according to a report.

The accountancy firm EY, despite warning of a weaker outlook for almost every region through to 2021 amid continuing Brexit uncertainty, said London would no longer continue to grow at a much faster pace than the rest of the country.

Related: Brexit vote has cost each UK household 900, says Mark Carney

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