- Thu May 06, 2021 8:12 pm
#1839
You have wait to the last paragraph for them to explain what a daft headline this is
UK set for strongest economic growth since WWII, forecasts Bank of England
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 the Bank of England.
The 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 and easing of restrictions paves the way for a boom in pent-up demand.
The growth rate would be the fastest since an 8.7% expansion in 1941, when production was being pushed to the limit during the second world war. However, it follows a collapse of almost 10% in 2020, the worst decline for more than three centuries. https://www.theguardian.com/business/20 ... of-england
Last edited by Youngian on Sat Aug 07, 2021 11:36 am, edited 1 time in total.