Archive for Forecast

Bank of England Upgrades UK Economy Forecasts

The Bank of England upgraded its 2021 forecast last week to the highest rate seen in almost 70 years. However, this has disguised a more severe pessimistic assessment than previously of the UK’s economy. The upward revision of the annual forecast for 2021 from 5% to 7.25% was based upon a better-than-expected past performance assisted […]

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