The Office of Budget Responsibility’s growth forecasts for the coming five years would be a “fantastic result” according to Brockton Capital’s co-founder, David Marks.
The OBR is predicted steady growth throughout, peaking in 2019 and 2020 at 2.1%.
“A mid 1% up to 2% real GDP growth in the next few years, straddling either side of the proposed Brexit in 2019, if delivered, would be a fantastic result for the economy given the potential downside that Brexit could cause,” said Marks. “That is more than avoiding a recession. It’s not stellar, it’s not 3%, but it’s not bad all things considered. Can it be really be delivered though?”