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Data Dive: Will the UK economy bounce back over the next year?

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The International Monetary Fund has predicted that the UK's economic growth could rise by as much as 5% over the next year, pointing to the successful vaccine rollout.

But while Britain will, according to the Fund's forecasts, have the strongest growth in the group of seven industrialised economies next year, the depth of the recession in 2020 means it will be the second to last of them to regain its pre-COVID level of gross domestic product.

Read more here: https://news.sky.com/story/covid-19-imf-upgrades-uk-growth-forecast-on-vaccine-rollout-progress-12267500

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Category
World
Tags
Kristalina Georgieva, IMF, AUSTERITY
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