The British Chambers of Commerce has announced an upgrade in its growth forecasts, predicting UK economic peak higher than that seen before the 2008 fiscal crisis to be reached by summer.
The British Chambers of Commerce (BCC) has today upgraded its growth forecasts for the next two years – from 2.7% to 2.8% in 2014 and from 2.4% to 2.5% in 2015. This growth will see the UK economy hit a pre-recession peak by summer, overtaking the peak it was at before the 2008 fiscal crisis.…
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