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Reaction of UK Economy on Brexit Appears Better Than Expected - May

© AFP 2023 / Angelos TzortzinisA picture taken on June 25, 2016 in Athens shows the front page of the Greek newspaper 'Ta Nea' reading 'be afraid of Brexit' and other newspapers bearing headlines reporting the result of the UK's vote to leave the EU in the June 23 referendum
A picture taken on June 25, 2016 in Athens shows the front page of the Greek newspaper 'Ta Nea' reading 'be afraid of Brexit' and other newspapers bearing headlines reporting the result of the UK's vote to leave the EU in the June 23 referendum - Sputnik International
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The reaction of the UK economy on results of the referendum on country's exit from the European Union has appeared to be better than it was initially expected, UK Prime Minister Theresa May said Sunday.

MOSCOW (Sputnik) — On June 23, the United Kingdom held a referendum to determine whether or not the country should leave the European Union. According to the final results, 51.9 percent of voters, or 17.4 million people, decided to support Brexit, while about 16.1 million opposed it.

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"We have had some good figures and better figures than some had predicted would be the case. I'm not going to pretend that it's all going to be plain sailing. I think we must be prepared for the fact that there may be some difficult times ahead. But what I am is optimistic," May said at the G20 summit in China as quoted by the BBC broadcaster.

The Brexit decision caused economic turbulence in the UK economy, including a drop in the country’s stock indexes and a devaluation of the national currency.

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