Burnbrae’s Jim Mellon Sees a Bright Future for Britain
The outlook for the UK has improved in recent months, with a technical recession now looking like it will be avoided, according to Bloomberg Economics. In fact, the team sees GDP growth in 2023 of 0.1%, up from -0.4%. Jim Mellon, chairman of Burnbrae, is predicting an even brighter picture. In this week’s In the City, he tells hosts David Merritt and Francine Lacqua to look out for 1 to 2% growth this year, thanks to a more stable government, an influx of migrants and gas prices falling sharply.See omnystudio.com/listener for privacy information.