The British Chambers of Commerce has upgraded its UK growth forecast for 2025 from 1.3 per cent to 1.4 per cent.
However, for the next two years, it sees no major improvement in the economic outlook.
Growth is expected to be 1.2 per cent in 2026 and 1.5 per cent in 2027, and business investment is projected to be weak in these two years.
Exports are expected to remain weak in the next two years as well.
However, for the next two years, it sees no major improvement in the economic outlook.
Growth is expected to be 1.2 per cent in 2026 and 1.5 per cent in 2027, and business investment is projected to be weak in these two years.
Exports are expected to remain weak in the next two years as well.
