Deutsche Bank slash UK growth forecast -4.5% 2022, -0.5% 2023, +1% 2024 ‘We now expect GDP to return to its pre-pandemic level only in 2024, with growth recovering to its trend rate (1.25%) around the middle of the decade’. (Narrator: that is *not 2.5%)
Important correction , apologies 2022: +4.5% 2023: -0.5% 2024: +1%
@CNBCJou how can they get 2022 at -4.5%. +4.5% would be closer to the truth
@CNBCJou will Deutsche Bank survive so far out in future?
@CNBCJou Is this true - investors with USD are moving money into Europe? USD and Euro now almost equivalent, is the cheap price attracting investors or political dilema with Italy results has kept investors away? Lot of queries for European investments. Germany numero uno.
@CNBCJou You are a part of the anti growth orthodoxy- Liz ‘the clown’ Truss