UK economy will pick up through 2012 says CBI(03/05/2012)
The UK economy will see growth resume in the second half of 2012, with faster GDP growth during 2013, according to the latest quarterly CBI economic forecast. The CBI expects GDP growth in 2012 will be 0.6%, slightly down from its forecast in February of 0.9%. Despite this, growth prospects remain broadly unchanged for the latter half of the year and, in 2013, the CBI forecasts GDP growth to be 2.0%.