Skip to main content

Financial Times:
Gloomy growth projections cloud hopes for UK economy

1 January 2018

The UK will remain a relative laggard among developed countries this year as the after-effects of the Brexit referendum mean the economy will only enjoy limited benefits from a global upswing in growth, economists said in the FT’s annual survey of the profession.

Q: How fast do you think the UK economy will grow in 2018 and how will this compare to other countries?

A: John Van Reenen, Gordon Y. Billard Professor of Management and Economics, MIT Department of Economics and Sloan:  “UK GDP growth at 1.8 per cent (1.5 per cent to 2 per cent). The drag down from the uncertainty of Brexit offset by continued good growth in US and rest of EU.”

Read more... Financial Times