The UK economy, which has stabilised quickly after the June referendum, will not suffer a recession, nor will there be a housing market crash, according to PwC.
It expects economic growth of around 1.6% this year and 0.6% next, but there should then be a gradual recovery. House prices are likely to experience slower growth of around 3% this year and 1% in 2017, but there will be no major crash, it said.
Exports should get a boost as a result of the fall in the pound.
