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Evening Standard
Evening Standard
World
Jonathan Prynn

UK ‘to avoid recession’ as stronger growth forecast

Hopes that Britain can dodge a recession were given a huge boost on Monday when two leading forecasters said growth this year would be far stronger than previously feared.

Business group the CBI and leading consultants KPMG both said the UK should avoid a slump in 2023 with the economy performing far better than expected in the first half of the year and picking up pace in the summer and autumn as inflation finally starts to ebb.

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