UK GDP is bouncing back after the sharp lock down slow down, but the outlook is weak according to this poll

Says Reuters:

  • 32 of 38 thought the outlook for the British economy had stayed the same or worsened over the past month
  • only six saying it had improved

This year, the economy was expected to contract 9.1%, the median in the poll of over 70 economists showed,

  • and then recover to expand 6.0% in 2021.
  • In a worst case scenario it will shrink 13.0% this year.

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