UK’s Post-Brexit Rebound Extends to Housing and Jobs

The bounce back in Britain’s economy from the initial shock of the Brexit vote has expanded to the country’s recruitment and housing markets, according to two surveys which previously painted a bleak outlook.

The Recruitment and Employment Confederation – which last month said hiring was in “dramatic freefall” – said firms increased permanent staff for the first time in three months, and were also spending more on temporary workers.

The Royal Institution of Chartered Surveyors said its monthly house price index jumped to +12 in August from July’s three-year low of +5, the first rise in six months, though still one of the lowest readings in the past year and a half.

Reuters

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