UK economy set for record growth but Brits will be £1,700 a year worse off, research finds

UK economy set for record growth but Brits will be £1,700 a year worse off, research finds

UK economy set for record growth but Brits will be £1,700 a year worse off, research finds

The Sun says THE UK will enjoy the fastest growth of any advanced economy this year and next, international economists say.

But the Christmas cheer went flat after separate research warned rising fuel and food bills will leave Brits £1,700 a year worse off.

Consumers will really start to feel the pinch in January — but inflation will still mean the festive season will cost households £109 more than last year.

The Organisation for Economic Co-operation and Development (OECD) had given Britain a boost when it said the UK will outstrip all other G7 economies — with growth of 6.9 per cent this year and 4.7 per cent next.

The US will see 5.6 per cent growth in 2021 — and Germany will manage just 2.9 per cent.

https://www.thesun.co.uk/money/16914350/uk-economy-record-growth-costs-up/


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