"Project Fear" was groundless: the UK economy has been remarkably resilient

"Project Fear" has been proved pretty groundless, argues Ruth Lea, CBE (Arbuthnot Banking Group). Since the Brexit vote, the UK economy has been more robust than expected. This cannot, however, be attributed to "better-than-predicted" world growth, she maintains. The world economy's performance in 2016 and 2017 was, in reality, much as the IMF expected.