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READ MOREUK economy growing at fastest rate in 80 years, says forecaster
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 per cent – which would be the fastest annual growth in national income since 1941. The UK economy shrank by 9.8 per cent in 2020, the worst performance in the G7.
Read more at The Guardian.
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