Item Club Quadruples GDP Forecast

Independent economic forecaster the Item Club – sponsored by City professional services giant EY –  today reports a headline prediction of 1.8% GDP growth for 2017. This is well up on even the 1.3% prediction it made last October. And it is incredibly well up on its post-referendum forecast…

The Item Club sent shock-waves through the City last summer when it downgraded its forecast for 2017 GDP growth to an absolutely dismal 0.4% after the Brexit vote. This prediction of dread set much of the business media agenda: the Item Club is taken seriously because it uses the same economic models as the Treasury. Between July 2016 and today the Item Club has revised up its forecast by an eye-popping 1.4%…

Peter Spencer, chief economic advisor to the Item Club, said today:

“Although the starting gun for Brexit has just been fired, the UK economy has been adjusting to life outside the EU since the referendum…”

And the Item Club has been adjusting its numbers…




Tip offs: 0709 284 0531
team@Order-order.com

Quote of the Day

Gavin Williamson overheard in Brussels…

 “What’s the point of listening to French politicians?”

Sponsors

Guidogram: Sign up

Subscribe to the most succinct 7 days a week daily email read by thousands of Westminster insiders.
Sunday Show Highlights Sunday Show Highlights
No Facebook Engagement Drop Off Seen Here No Facebook Engagement Drop Off Seen Here
Leadsom Contacts Police Over Brexit Death Threat Leadsom Contacts Police Over Brexit Death Threat
Mogg vs Faisal Mogg vs Faisal
Remain Loons Send Death Threat to 80-Year-Old Brexiteer Remain Loons Send Death Threat to 80-Year-Old Brexiteer
Tory MPs Kicking Off Over Plot to Keep Us in Customs Union Tory MPs Kicking Off Over Plot to Keep Us in Customs Union
Heywood Hits Back Heywood Hits Back
Peers Brand Adonis a Loon Peers Brand Adonis a Loon
10 Questions For Jeremy Heywood to Answer 10 Questions For Jeremy Heywood to Answer
Treasury and Cabinet Office Mandarins Behind Brexit Doom Document Treasury and Cabinet Office Mandarins Behind Brexit Doom Document
Growth Better Than Predicted #DespiteBrexit Growth Better Than Predicted #DespiteBrexit
Former DIT Perm Sec Writing for Pro-EU Spin Shop Former DIT Perm Sec Writing for Pro-EU Spin Shop
Did Heywood Have Permission to Defend Remain Ally Robbins? Did Heywood Have Permission to Defend Remain Ally Robbins?
Dover Traffic at Record Levels Dover Traffic at Record Levels
Khan’s ‘Independent’ Brexit Study Written by Leave-Bashers And Corbynistas Khan’s ‘Independent’ Brexit Study Written by Leave-Bashers And Corbynistas
EU Propaganda Service Chooses Soubry’s Constituency For New Base EU Propaganda Service Chooses Soubry’s Constituency For New Base
#DespiteBrexit Double Whammy #DespiteBrexit Double Whammy
Blair Lies About NHS Brexodus Blair Lies About NHS Brexodus
U-Strip: Meet UKIP Leader’s New Girlfriend U-Strip: Meet UKIP Leader’s New Girlfriend
LISTEN: Blair Doesn’t Rule Out Third Referendum LISTEN: Blair Doesn’t Rule Out Third Referendum