Britain is on track for the strongest growth since the second world war this year as it stages a faster than expected recovery from the Covid-19 pandemic, according to theThe Bank raised its estimate for UK GDP growth to 7.25% in 2021, up from a previous forecast in February for growth of 5% this year, as rapid progress with the Covid-19 vaccine rollout and easing of restrictions fuels a boom in pent-up demand.
Source: Loan Digest (loandigest.net)
Boris Johnson politicising the BoE. Why are they releasing this information on polling day? Very odd to get these statements coming out on a Thursday. 🤔
Who thinks up your headlines? This is SUN level bullshit. ONS: 'Over the year 2020 as a whole, GDP contracted by 9.9%, marking the largest annual fall in UK GDP on record'. Growing (whatever that means) by 7.25% in 2021 leaves a shortfall, according to my maths?
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