Uk Economy and I Couldn

gdp: The forecasts for the UK economy are horrible and most economists are broadly in agreement that Brexit will cause lasting damage, according to The Guardian. The Office for Budget Responsibility forecast GDP growth for the next five years of around 1.5% a year. I couldn't find much if any good news the best I could find was that inflation didn't rise. The European commission forecast that in 2019 the UK, along with Italy, will be the slowest growing country in the EU28 with a growth rate of 1.2%. In 2020 the commission forecasts that with a growth rate of 1.2% again, Britain will be the slowest grower in the EU assuming it hasn't left. All of this could be much worse if there is no sensible Brexit deal. The IMF has forecast growth for the UK of 1.4% in 2018 and 1.5% in 2019. (news.financializer.com). As reported in the news.

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