In their latest UK Economic Outlook report, they look at the implications of the new Omicron variant on the course of the UK economy and how the recovery could evolve in 2022 and 2023.
While the new COVID-19 variant poses a renewed challenge to protect the population, other pressures in the form of supply chain disruptions and labour shortages remain, and inflation is expected to moderate only gradually. However, the latest setback is expected to be relatively short-lived with longer-term growth prospects dependent on raising business investment and productivity.
In their December report, they consider the implications for economic growth, inflation, unemployment, and the UK public finances. They also examine the outlook for regional house prices. The report will help your business to understand and prepare for the upcoming economic challenges.
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