Matthew Lynn Matthew Lynn

Is ‘because of Brexit’ the new ‘despite Brexit’?

Unemployment is at record lows. Wages are rising at the fastest rate in a decade. The gender gap is evaporating, creating a more equal society. Which country is that?

France, perhaps, as it benefits from president Macron’s reforms? Or Germany, as it reaps all the benefits of the Single Market and the single currency?

Well, not quite. In fact, it is Britain. Despite Brexit, to use the obligatory two words that now have to be firmly placed in front of any positive news about the economy, the UK continues to evolve into one of the best places in the world to be an employee right now.

And although most of the mainstream economics profession remains in denial about it, it is increasingly evident that leaving the EU, even though it hasn’t quite happened yet, is having a positive impact.

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