Analysis from Dr John Ashcroft on the economic impact of Covid-19
The IMF now sees a brighter outlook for the world economy. The Bank of England is feeling more optimistic about the UK. The Office For Budget Responsibility forecasts real growth of 11% over the next two years. Forecasts for the UK will be revised up. In nominal terms the UK could grow by over 20% over the next three years, underpinning growth for jobs and business in the medium term.