The Bank of England has lowered its growth forecast for 2017 to 1.7%. Its previous forecast in May was 1.9%. They also cut their forecast for 2018 from 1.7% to 1.6%.
Farrell Financial Planning are independent financial advisers (IFAs) based in Glasgow. Farrell Financial Planning offer independent financial advice on pensions, investments, life assurance and much more.
Farrell Financial Planning do not offer advice on future economic growth rates and do not provide economic growth forecasts.
All information is correct as at 03/08/17.