Get all your news in one place.
100's of premium titles.
One app.
Start reading
Evening Standard
Evening Standard
Business
Henry Saker-Clark

UK economic growth upgraded this year amid ‘temporary boost’ from spending

The UK economy is also on track to grow by 2% next year (PA) - (PA Wire)

The UK economy is set to grow more than expected this year and next year partly due to a boost from the Chancellor’s significant Budget spending plans, the Government’s official forecaster has said.

However, the fiscal watchdog also reduced its economic growth projections for the longer-term as the Government increased tax measures.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.