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Britain to post strongest growth among G7 nations, says report

  • 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.

     

     


     

     

    Tagged as: UK, GDP growth, economy, capital investment, businesses, G7, business news