BCC raise UK growth forecast to 1.4%

The British Chambers of Commerce have raised their growth forecast for the UK economy from 1.1% to 1.4%.

The BCC, along with other industry analysts who were part of Project Fear, were forced to upgrade forecasts several times following the EU referendum when the economy failed to fall off a cliff edge, when unemployment dropped and when the mass exodus of employers they promised instead turned into billions of pounds of inward investment.