trade body acknowledges ‘pent-up demand and ambition’ but points to staff shortages and inflation as risks Britain’s economic recovery will accelerate into the autumn despite the threat from staff shortages and higher inflation,according to a forecast by the trade lobby group, the CBI.
The economy will expand by 8.2% this year and by 6.1% next year as the successful vaccination programme allows lockdown easing to continue next month, or driving a surge in consumer spending and trade activity in the second half of 2021,the CBI said. Related: Spring economic boom signals UK Covid recovery is still on track Continue reading...
Source: theguardian.com