Britain to post strongest growth among G7 nations, says report
July 22 , 2014
The British economy will grow faster this year than every other G7 economy, a report has said.
The country’s GDP growth will touch 3.1% in 2014, thanks to strong capital investments made by businesses, the EY Item Club said in its report. The comparative forecasts for Canada and Germany are 2% and 1.8%, respectively.
The report also predicts that interest rates in the UK will not rise till the first quarter of next year.