UK economic growth is expected to remain solid with sound domestic demand, despite slower global momentum and financial market volatility, according to the CBI’s latest economic forecast.
The leading business group’s latest quarterly forecast predicts that the UK will remain among the fastest growing advanced economies this year, although the CBI has downgraded its GDP growth forecast for both 2016 (to 2.3%, from 2.6% in November) and 2017 (to 2.1%, down from 2.4%). The modest adjustments for 2016 were driven chiefly by…
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