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The lords of global finance smile again on Britain's economy

  • 📰 The Telegraph
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  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 63%

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'Bank of America said UK inflation could temporarily spike by 3pc later this year. “It's going to be a bumpy ride. We think the Bank of England forecasts will struggle to resist hawkish rhetoric,” it said.' Writes Ambros Evans-Pritchard 👇

Global banks are scrambling to raise their UK growth forecasts for this year, expecting the British economy to roar back to life over coming months and regain pre-pandemic levels of output much sooner than expected.

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 /  🏆 41. in JP
 

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Bank of America? Last I saw Americans were filling carrier bags with petrol.

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