KPMG downgrades GDP forecast after third lockdown
The accountancy and financial services giant predicts this year’s Q1 could see GDP growth contract by 2.6% after an estimated growth of 1.5% in 2020’s Q4
![](https://b1227710.smushcdn.com/1227710/wp-content/uploads/2019/04/KPMGBayAdelaide-2-e1555414885744.jpg?lossy=1&strip=1&webp=1)
KPMG has downgraded its forecast for the UK’s GDP figures this year after the country was placed in lockdown after Christmas.