UK growth forecast upgraded The International Monetary Fund (IMF) has sharply increased this year’s growth forecast for the UK, although recent data does suggest the country’s strong economic rebound has begun to slow down. In its latest assessment of global economic prospects, the IMF highlighted a worrying divergence in fortunes between rich and poor nations, […]
Category archives: Economic Review
Economic Review – May 2021
BoE upgrades growth forecast The Bank of England (BoE) has significantly increased its 2021 growth forecast, as survey evidence continues to highlight a strong economic rebound, fuelled by the easing of lockdown restrictions and rapid vaccine rollout. In early May, the BoE revealed its latest predictions for the UK economy, which included a growth forecast […]
