Much excitement from Remainers this week as the UK recorded economic decline (0.2%) in the second quarter of 2019. This decline was largely due to firms running down the stocks they had built up in anticipation of the UK leaving the EU on March 29th. Year on year growth to mid-2019 was 1.2%, exactly the same as in the Eurozone. Even with a possible 'no deal' future, the IMF forecast for GDP growth in the UK in 2020 is only a little below the Eurozone average.