UK economy to return to pre-covid levels by end of 2021 CBI predicts18 Jun 2021 07:45
A year earlier than predicted.
The business group said the economy is expected to grow by 8.2% this year and 6.1% in 2022 while the peak of unemployment will be lower than was previously forecast.
However, business investment will remain 5% below levels seen before the pandemic struck.
The report highlights the extension of the Jobs Retention Scheme into the autumn, the expectation of a stronger economic recovery will lead to a lower peak in unemployment.
Could be great news for an increase in Pensions, I'm a decade away but never less, growth/inflation are linked to state pensions.......I bet they weasel out of that one, with the exceptions in the public sector along from Big Ben.
ATB