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Old 30-07-2022, 22:30   #3860
Hugh
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Re: Updated: Boris resigns as party leader

Quote:
She has already set lofty targets of 2.5 per cent economic growth per year
https://www.ey.com/en_uk/news/2022/0...em-club-report 20 Jul 2022

Quote:
UK GDP forecast to grow 3.7% in 2022 and 1% in 2023, a downgrade from May’s 4.1% and 1.9% growth expectations

2024 forecast upgraded to 2.4% growth, from 2.2% predicted in spring, as economy makes up some lost ground
Since EY forecast an average growth of 2.36% over 2022-24, it’s not clear how 2.5% is a "lofty target"?

Here’s hoping the "supply-side reforms" don’t turn into another Kansa Experiment…
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Last edited by Hugh; 30-07-2022 at 23:10.
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