The Chancellor noted that in 2016 the UK will be the strongest growing economy in the G7. The OBR forecasts show that growth rates will drop in 2017 (to 1.7%); however still remaining level with Germany and ahead of France. This is a world away from the ‘Severe Shock’ scenario modelled by the Treasury pre-Brexit (-1.3%; 2017) and even wildly different from their ‘Moderate Shock’ scenario (0.0%; 2017). Should this fill us with confidence about the UK’s resilience to Brexit; or doubt about the accuracy of forecasts in this new uncertain environment?