British industrial bodies downgrade growth forecasts
Little improvement seen in 2020, even with a Brexit deal
02 December 2019 - 17:43
London — Brexit pressure and political uncertainty have prompted the Confederation of British Industry (CBI) and manufacturing trade body Make UK to downgrade their growth forecasts for 2020.
Official figures have shown that Britain’s economy is growing at its weakest annual pace since 2010. Industry leaders see little or no improvement in 2020, even if Prime Minister Boris Johnson wins re-election and secures a Brexit divorce deal by a January 31 deadline...
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