• Sunday, May 29, 2022

Business

Smooth Brexit Essential For UK’s Steady Economic Growth In Next Two Years: CBI

By: Radhakrishna N S

The UK can expect steady economic growth, with an improvement in investment and continuing export growth over the next two years, only if it witnesses a smooth Brexit in 2019, said Confederation of British Industry (CBI) in its latest economic forecast on Thursday (6). Underlying growth in the UK economy has largely evolved in line with the CBI’s expectations over the last six months. UK’s leading business group is now forecasting Gross Domestic Product (GDP) growth of 1.3 per cent for 2018, 1.4 per cent in 2019 and 1.6 per cent in 2020. The forecast was carried out on the…

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