The UK economy could go lower by -0.5%, before any upturn.
If the level of -1.0% holds then we should expect an upturn to an eventual +2.5%.
This would take about 4 years to achieve.
It’s all down to Osborne to relax austerity and force banks to lend money!
However, at the moment Osborne is screwing it up and soon will hold the wrath of the IMF although they told us to implement austerity!
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