Modest economic growth forecast if Brexit deal ratified

£27.00

This 929 word blog discusses, that, despite current economic uncertainty, an influential business group is predicting that the economy will grow at a modest pace in the future. Written on 9th July 2019.

Your purchase gives you rights to publish this blog post on your IFA, financial planner or wealth manager website blog, news or insights page, along with access to the text of the blog post to copy and paste into your blog. You can publish this blog as written or edit it before publishing, and you can post it under your name.

Description

Article Preview: The British economy is still in a volatile position, with Brexit yet to be concluded and new political uncertainty due to a Tory leadership election. Despite this economic uncertainty, an influential business group is predicting that the economy will grow at a modest pace in the future. Growth during the first half of the year was especially volatile. Manufacturers were stockpiling ahead of the earlier, now delayed, Brexit deadline. A surge in gold bullion pushed up imports growth too. Despite this first half volatility, the CBI is forecasting GDP growth of 1.4% in 2019 and then 1.5% next year.