A combination of a more powerful global economy, a recovery in exports, sustained high street spending and more investment in IT and services will see the UK power ahead in the next two years.
Even a housing market slowdown and an interest rate hike to 5% will not put the brakes on growth the optimistic Item Club argues.
‘After three years of misfiring, the economy is now firing on all four cylinders,’ said Peter Spencer, chief economic adviser to the ITEM Club. However, there are words of warning.
The ITEM club fears that the current growth has been promoted for political reasons rather than economic and the boom could eventually turn to bust
Does Darwin's theory apply to taxation? Colin ponders...
The EC has been instructed to draft a European Union (EU) directive authorising an EU financial transaction tax, which would apply to ten of the EU’s 28 member states
Accountancy watchdog the FRC has dropped its investigation into the former chief financial officer of Tesco, nearly two years after the supermarket was engulfed in an accounting scandal
Colin imagines how Apple's logo might change in the wake of the EC's ruling over its Irish tax arrangements