Growth forecast hiked amid rise in confidence

Growth forecast hiked amid rise in confidence
 

Rising exports and a rebound in business investment will see UK economic output grow more quickly than expected this year, the CBI predicted today.
The employers’ organisation said strong domestic demand, underpinned by record low borrowing costs, was also supporting an improvement in confidence among companies.
The upbeat assessment comes a day after Bank of Scotland said growth in the private sector economy north of the Border rose to a three-month high in January, as strong output in the manufacturing and service sectors boosted employment.
CBI director-general John Cridland said UK... read more

 
11 February 2014 in Business, Views: 35
Source: Scotsman
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