UK economic growth forecasts downgraded for next two years – economists

Captain Caveman

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Jun 14, 2020
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England

The UK economy is set to grow slower than previously expected over the next two years amid cautious consumer spending, according to new forecasts by economists.

EY Item Club’s latest quarterly economic forecast also suggested that caution by Bank of England rate-setters not to cut interest rates too quickly will contribute to “steady rather than rapid” growth.

It represents a potential blow to Chancellor Rachel Reeves days ahead of the autumn Budget, with the Government hoping that future economic growth can help generate more funds to support spending plans.


Forecasts on Labour's economy looking slow and poor. As predicted before the election.

Lower household savings? As predicted before the election too.

Just keeps getting worse.
 

The UK economy is set to grow slower than previously expected over the next two years amid cautious consumer spending, according to new forecasts by economists.

EY Item Club’s latest quarterly economic forecast also suggested that caution by Bank of England rate-setters not to cut interest rates too quickly will contribute to “steady rather than rapid” growth.

It represents a potential blow to Chancellor Rachel Reeves days ahead of the autumn Budget, with the Government hoping that future economic growth can help generate more funds to support spending plans.


Forecasts on Labour's economy looking slow and poor. As predicted before the election.

Lower household savings? As predicted before the election too.

Just keeps getting worse.
Far Left Labour Party FTW baby. Anyone still excited about their "wins" in Europe? Im sure they will be ready when WWIII starts...
 

The UK economy is set to grow slower than previously expected over the next two years amid cautious consumer spending, according to new forecasts by economists.

EY Item Club’s latest quarterly economic forecast also suggested that caution by Bank of England rate-setters not to cut interest rates too quickly will contribute to “steady rather than rapid” growth.

It represents a potential blow to Chancellor Rachel Reeves days ahead of the autumn Budget, with the Government hoping that future economic growth can help generate more funds to support spending plans.


Forecasts on Labour's economy looking slow and poor. As predicted before the election.

Lower household savings? As predicted before the election too.

Just keeps getting worse.

I weep for what England has become. Make England Great Again!

 
I weep for what England has become. Make England Great Again!

You are rapidly becoming a Pest , Mr Salt
When you have learned to play Football and Cricket to a good level, we might listen to some of your opinions .

Physically we outrank you-- see Athletic performance on a pro rata basis .
Mentally we look down on you and I am sure you prefer not to dwell on the topic of modern dumbed down countries


Your war record is appalling --- you continually create them , get proxies to do the dirty work and still always lose .

Perhaps worst of all , you are bankrupt and therefore cannot afford to treat us to a drink .

I have not mentioned that obese and unhealthy people soon run out of friends .


 
You are rapidly becoming a Pest , Mr Salt
When you have learned to play Football and Cricket to a good level, we might listen to some of your opinions .

Physically we outrank you-- see Athletic performance on a pro rata basis .

Mentally we look down on you and I am sure you prefer not to dwell on the topic of modern dumbed down countries


Your war record is appalling --- you continually create them , get proxies to do the dirty work and still always lose .

Perhaps worst of all , you are bankrupt and therefore cannot afford to treat us to a drink .

I have not mentioned that obese and unhealthy people soon run out of friends .

Hey now, I'm just trying to be nice to our inbred, illegitimate second cousins residing on that floating turd, off the coast of France.

Would you rather I engaged in a bit of Brit-bashing instead? :laughing0301:
 
Hey now, I'm just trying to be nice to our inbred, illegitimate second cousins residing on that floating turd, off the coast of France.

Would you rather I engaged in` a bit of Brit-bashing instead? :laughing0301:

Allowing patients to air nonsense can be be most useful for someone in pain , however extreme their hallucinations .

Catharsis . Ridding the unbalanced of repressed emotions .
Fire away patient Salt . Let it all out .
 
Allowing patients to air nonsense can be be most useful for someone in pain , however extreme their hallucinations .

Catharsis . Ridding the unbalanced of repressed emotions .
Fire away patient Salt . Let it all out .

If you think I'm in pain, just wait until after living through a year or two under your new socialist leadership.

Why do you think we're trying to ditch ours? :laughing0301:
 
If you think I'm in pain, just wait until after living through a year or two under your new socialist leadership.

Why do you think we're trying to ditch ours? :laughing0301:

Nothing to do with me .
That's the Gay PMs corrupt people -- The Tommy Titheads .


I am completely insulated against any government we will ever have and their policies, however wild or insane .
I might complain for intellectual reasons but I am Untouchable ----- planned , organised, implemented a long time ago and selfishly I am more than content .

Just waiting for the Commodities Cycle to explode any time soon and then I can buy my own small island plus a sea criuser. with Captain .
By ths time next year? A very good chance .
 

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