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>> Brexit, port Brexit, the financial backlash forecast by many to build up the Britain's E-Referendum hasn't yet added up. But Reuters' UK economics correspondent says it's still early days.>> I think it's certainly fair to say that the people who predicts an intermediate and big impacts on British economy.
And thanks for its former chancellor, George Osborn. We are wrong. That hasn't happens, now what happen to the British economy over a long time is much harder to tell. We don't know what Brexit is gonna look like and it could be that the impacts of leaving the European Union is something which has gradual effects in the British economy over many years to come.
>> The first major shift may come next March, then the UK set to trigger Article 50, setting in stone as EU departure and only then will businesses be given a greater insight into what Brexit will mean. What if any single market access will they have, how will labor markets be cut out?
But growth forecast for 2017 are rosy. The Bank of England in November making it's biggest ever forecast upgrade, predicting growth of 1.4% for next year.>> At this stage the economy has badly slowing down and the companies I've been talking to for this story have been pretty optimistic about the immediate short send outlook.
They are investing and they're hiring.>> The theory is that investment might slow all as inflation grows. But if 2016 has proven anything, it's that there's no such thing as a sure bet.