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The UK Economy

Published online by Cambridge University Press:  26 March 2020

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Abstract

  • The economy will grow by 1.1 and 2.0 per cent over the next two years.

  • After its recent pause, unemployment will rise again, to 9.2 per cent in 2011.

  • The surge in inflation this year will be temporary and CPI inflation will average 1.7 per cent in 2011.

  • Public borrowing in 2013–14 will be 1.3 percentage points higher than the Treasury is forecasting and net debt as a share of GDP will not start to fall in 2015–16.

Type
Economic Overview
Information
National Institute Economic Review , Volume 211 , January 2010 , pp. F3
Copyright
Copyright © 2010 National Institute of Economic and Social Research

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