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The Independent UK
The Independent UK
National
Holly Williams

CBI predicts Britain’s economy will see faster-than-expected growth as interest rates fall

CBI Economy Britain Interest Rates Bank of England
PA

Britain’s economy will see faster-than-expected growth this year and next as the outlook brightens after a tough 2023, according to the CBI.

The business group has upped its forecasts for UK growth to 1% in 2024 and 1.9% in 2025 thanks to an expected pick-up in consumer spending as inflation falls back and wages remain robust.

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The Independent UK
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