Bank of England Revises Up Growth Forecast, Again

The pessimists at the Bank of England slashed their growth forecasts almost immediately after the Brexit vote. The economy proved resilient, prompting an upwards revision from 0.8% to 1.4% in November. Today on the BoE’s Super Thursday the Bank yet again revises up its 2017 GDP growth forecast to 2%. Obviously this beats the predictions of all city economists. Michael Fish eat your heart out




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Former Governor of the Bank of England Mervyn King…

“There are arguments for remaining in the EU and there are arguments for leaving the EU. But there is no case whatever for giving up the benefits of remaining without obtaining the benefits of leaving.”

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