The UK economy remains resilient in the face of wider fears for global growth, the CBI said today, as it unveiled its latest quarterly economic forecast on the morning of its Annual Conference.
The CBI’s quarterly forecast reveals solid growth, despite a modest downgrade for 2015, from 2.6% in August to 2.4%. This reflects weaker investment growth, driven largely by recent changes to official data. Next year the business group expects the UK economy to grow at 2.6%, down from 2.8%, as a somewhat gloomier global outlook means that net trade will drag…
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