Brexit delay to hinder chances of economic rebound: UK economist

The City of London is seen across the River Thames in the photo taken on May 15, 2018 in London, Britain. The deal agreed between UK Prime Minister Theresa May and the European Union (EU) to extend the Brexit date until the end of October will delay any rebound in economic performance, an economist said in a recent interview with Xinhua. May's agreement in Brussels with leaders of the EU to move the Brexit date from April 12 to Oct. 31 will have economic and monetary policy consequences, according to Paul Dales, chief UK economist at Capital Economics, an economic analysis firm in London. (Xinhua/Han Yan)