The UK economy will exceed its pre-recession peak by the summer, according to upgraded forecasts from a leading business lobby group today. The British Chambers of Commerce (BCC) believes the UK will grow by 2.8% this year.
The UK economy will exceed its pre-recession peak by the summer, according to upgraded forecasts from a leading business lobby group today.
The British Chambers of Commerce now believes the UK will grow by 2.8% this year and that the second quarter will see gross domestic product climb back to the level seen in the first quarter of 2008.
A year ago amid a much gloomier picture for the economy, the BCC predicted the pre-recession peak would not be reached until 2016, although a number of revisions brought this forward to the third quarter of 2014 in December.
The Democratic presidential candidate may also have shown his cards on his choice of running mate.
The US president also shared a post on Twitter accusing Dr Anthony Fauci of misleading the public over hydroxychloroquine.
Fears over an impending second wave of coronavirus dominates Wednesday’s front pages.