Economy
CBI predicts economy ‘bounce back’ by end of year
According to the group’s latest Economic Forecast, it expects a much lower peak in the unemployment rate (5.5% in Q3) than in December (7.3% in Q2 2021)
The Confederation of British Industry (CBI) has predicted that GDP will bounce back to pre-Covid levels with a growth of 8.2% this year, and a 6.1% increase in 2022.
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