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Economy

Strong ‘lift off’ expected for UK economy this summer, says KPMG

This lift off will see GDP grow by 6.6%, up from 4.6% forecast in March in 2021 and 5.4% in 2022, allowing the economy to reach its pre-Covid level by the first quarter of next year

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A combination of restrictions lifting, consumer demand, excess savings and a range of government incentives are expected to spark a “strong lift-off” for the UK economy this summer, according to the latest analysis in KPMG’s UK economic outlook.

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