Viking Supporters Co-operative

Viking Chat => Off Topic => Topic started by: Branton Red on April 15, 2023, 01:53:46 pm

Title: UK's comparatively postive mid-term economic outlook
Post by: Branton Red on April 15, 2023, 01:53:46 pm
At least according to the IMF who are forecasting that: -

- In 2025 the UK economy will grow more quickly than each of France, Germany, Italy and the Eurozone
- In 2026 the UK economy will grow more quickly than each of France, Germany, Italy and the Eurozone
- In 2027 the UK economy will grow more quickly than each of France, Germany, Italy and the Eurozone
- In 2028 the UK economy will grow more quickly than each of France, Germany, Italy and the Eurozone

www.imf.org/external/datamapper/NGDP_RPCH@WEO/OEMDC/ADVEC/WEOWORLD

If this forecasted trend is accurate late 2024 would be a very good time to be winning a General Election.
Title: Re: UK's comparatively postive mid-term economic outlook
Post by: wilts rover on April 15, 2023, 03:06:16 pm
Not really. This is lower than the OBR have predicted and the Government has gambled on. Which means debt will still be rising and public spending restricted - just not as much:

https://www.ft.com/content/530f07a4-992d-462c-9b0a-87267685f36c
Title: Re: UK's comparatively postive mid-term economic outlook
Post by: turnbull for england on April 15, 2023, 03:29:29 pm
 Doesn't it depend on start point as well  . 4% of not much isn't as  much as 1%of  a lot
Title: Re: UK's comparatively postive mid-term economic outlook
Post by: Glyn_Wigley on April 15, 2023, 04:06:55 pm
Quote from: Branton Red on April 15, 2023, 01:53:46 pm
At least according to the IMF who are forecasting that: -

- In 2025 the UK economy will grow more quickly than each of France, Germany, Italy and the Eurozone
- In 2026 the UK economy will grow more quickly than each of France, Germany, Italy and the Eurozone
- In 2027 the UK economy will grow more quickly than each of France, Germany, Italy and the Eurozone
- In 2028 the UK economy will grow more quickly than each of France, Germany, Italy and the Eurozone

www.imf.org/external/datamapper/NGDP_RPCH@WEO/OEMDC/ADVEC/WEOWORLD

If this forecasted trend is accurate late 2024 would be a very good time to be winning a General Election.

Funny how you've missed out what they're saying for 2023 and 2024...
Title: Re: UK's comparatively postive mid-term economic outlook
Post by: Glyn_Wigley on April 15, 2023, 04:12:01 pm
Quote from: turnbull for england on April 15, 2023, 03:29:29 pm
Doesn't it depend on start point as well  . 4% of not much isn't as  much as 1%of  a lot

Yes, we'd better start outperforming those countries otherwise we'll catch them up again after they've left us in the dust over the next two years.