After a slight wobble in the autumn, the UK economy seems to be ending 2015 on a more positive note. Growth this year is on course to have been about 2.4%. While weaker than 2014’s 2.9% growth rate, this is still pretty respectable and broadly in line with the economy’s trend rate.
The defining features of 2016 could be an EU referendum and the first rise in interest rates in over eight years. We think that the economy will weather the effects of these well and expect a similar growth rate to this year’s.
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