Goldman Sachs:UK Economy To Grow 7%

Video Credit: Wochit News
Published on December 4, 2020 - Duration: 00:37s

Goldman Sachs:UK Economy To Grow 7%

On Friday, Goldman Sachs predicted the UK's economy will grow 7% in 2021.

The growth will be led by the coronavirus vaccine rollout and a Brexit trade deal.

Over half of the country's population is expected to be immunized by March.

Business Insider reports there will be a significant rebound in economic activity from the second quarter of next year.

New trade restrictions are likely to weigh on potential growth in the coming years.

Goldman said the drag will mostly be slow to materialize.


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