Bank of England to declare Britain’s economy is recovering from Covid recession faster than expected as vaccine rollout continues The central bank, led by Governor Andrew Bailey, looks set to raise its growth forecasts for the UK when it publishes its latest monetary policy report In its last update in February the Bank pencilled in … Read more
Transport Secretary Grant Shapps predicting Britain will overtake Germany to become largest economy in Europe by 2050 By Harriet Dennys, Financial Mail On Sunday Published: 21:50 BST, 1 May 2021 | Updated: 21:50 BST, 1 May 2021 Britain will overtake Germany to become the largest economy in Europe by 2050, Transport Secretary Grant Shapps is … Read more
Barclays says UK plc will grow at fastest rate since 1948 this year as consumers splurge £200BILLION saved during pandemic – but there will be a ‘price to pay’ later Barclays has delivered an upbeat take on the UK’s prospects for Covid recovery Chief executive Jes Staley said growth could be highest since 1948 this … Read more
Corona jabs turbocharge UK business: Goldman Sachs says Britain will be the fastest growing major economy in the developed world this year By Hugo Duncan for the Daily Mail Published: 22:05 BST, 26 April 2021 | Updated: 22:12 BST, 26 April 2021 Britain will be the fastest growing major economy in the developed world this … Read more
Experts at EY Item Club predict Britain’s economy is on course for its best year of growth since WW2 By Daily Mail City & Finance Reporter Published: 21:50 BST, 25 April 2021 | Updated: 21:50 BST, 25 April 2021 Britain’s economy is on course for its best year of growth since the Second World War, … Read more
Britain’s economy springing back to life as rollout of Covid vaccines and easing of lockdown restrictions boost business Research group IHS Markit said the private sector is on course to record its fastest pace of growth for more than seven years this month Data shows the recovery got under way in March as shoppers splashed … Read more
Major reset of CBI’s approach to industry and economy will be unveiled by new boss Tony Danker as he puts his stamp on employers’ organisation Danker believes the CBI and some of its senior members became too political during Britain’s transition out of the EU The paper being prepared, titled ‘Seize the Day’, will argue … Read more
China’s economy grew by a record 18.3 per cent in the first quarter of this year compared to 2020 as the country which sickened the world with Covid bounces back fastest from the pandemic. The figure was ever-so slightly lower than predictions, some of which forecast growth over 20 per cent, but still represents the … Read more
China’s economy grew by a record 18.3 per cent in the first quarter of this year compared to 2020 as the country which sickened the world with Covid bounces back fastest from the pandemic. The figure was ever-so slightly lower than predictions, some of which forecast growth over 20 per cent, but still represents the … Read more
UK economy clawed back ground in February with construction sector driving 0.4% growth despite brutal lockdown The UK economy grew by 0.4 per cent in February according to latest figures The expansion came despite the brutal Covid lockdown rules still being in force GDP is still around 8 per cent lower than before the pandemic … Read more