EY ITEM Club’s Spring Forecast predicts faster growth for UK economy
The UK’s economic growth prospects for 2021 have been significantly upgraded in the EY ITEM Club’s Spring Forecast, published today.
The EY ITEM Club now expects the economy to grow 6.8% this year rather than the 5% growth expected in January.
The improved near-term outlook means the UK economy is expected to regain its pre-COVID-19 peak in the second quarter of 2022 – a further improvement from January’s forecast of the third quarter of 2022, and the 2023 and 2024 dates predicted previously.
The upgraded forecast pri... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
