BCC Forecast: UK economic growth to halve this year as domestic & global headwinds soar
UK economic growth is expected to halve this year amid soaring inflation, major tax rises, and global shocks – including Russia’s invasion of Ukraine. UK Economic Outlook – 2022 The British Chambers of Commerce has downgraded its expectations for UK GDP growth in 2022 to 3.6%, from 4.2% in its previous forecast in December 2021 and…
