UK economy growing at fastest rate in 80 years, says forecaster

The Guardian says the British economy is growing at its fastest pace in 80 years and could recover its pre-pandemic size by the end of this year, according to a leading economic forecaster.

Buoyed by the vaccine rollout and a bounce back in consumer spending, the EY Item Club said it now expected GDP to grow by 7.6% – which would be the fastest annual growth in national income since 1941. The UK economy shrank by 9.8% in 2020, the worst performance in the G7.

https://www.theguardian.com/business/2021/jul/26/uk-economy-growing-at-fastest-rate-in-80-years-says-forecaster

……………..

FOLLOW US ON SOCIAL MEDIA AND SHARE WTX NEWS WITH YOUR FRIENDS AND FAMILY:

Facebook – Please like our page

Twitter – Twitter updates available in English and Arabic. Please follow us and we would love to hear from you

Instagram – Follow our pages in English and Arabic