We can do without EU! German finance website admits 'strong' UK winning outside Brussels
BREXIT Britain has proven it can go it alone without the EU as the UK economy reopens, a European commentator has admitted.
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Although much scepticism was placed on the UK's new future, 100 days since Brexit, the pound has surged while the stock market has also shown signs of life, Martin Blumel has claimed. While EU states are now experiencing a third wave of the virus, Mr Blumel commented on how the vaccination programme has provided a valuable lifeline to UK plc. Figures in Brussels predicted the economy would tank after Brexit but as Mr Blumel states, Britain did not "go under" after leaving the EU.
With shops and pubs reopening due to the vast number of people vaccinated, the commentator admitted "it's not going badly on the island."
Writing an article titled, 'You can do it without the EU' for Borse Online, he said: "Around 100 days have passed since Brexit.
"And despite all the problems, the kingdom did not go under.
"On the contrary. The pound is strong, as is the stock market."
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Due to the UK's rapid vaccine programme, even economists are now altering their predictions for the second quarter of the year.
Indeed, with the public desperate to restart their lives post-lockdown, Bank of England Chief Economist Andy Haldane, claimed the UK could be set for a rapid recovery.
He told ITV: "My sense will be, chatting to people, they are desperate to get their lives back, desperate to get out spending and socialising and working.
“And if that happens then some of those savings do get spent.
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