8 years ago
UK must speed up infrastructure plans to cope with Brexit hit
Britain's government needs to speed up its decision-making on big infrastructure projects to help the country's economy withstand a slowdown caused by the Brexit vote, a leading employers group said on Monday. The British Chamber of Commerce cut its forecasts for economic growth in 2016 to 1.8 percent from a previous estimate of 2.2 percent and it also downgraded its 2017 and 2018 growth forecasts to 1.0 percent 1.8 percent respectively.
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