UK’s BCC: UK 's current GDP growth rate won't last – BBC News

The UK’s British Chambers of Commerce (BCC) upgraded its 207 growth forecasts for the UK economy, although warned that higher growth prospects are unsustainable in wake of uncertainty over the UK's EU relationship.

Key Quotes via BBC:

“The business body expects 2.1% GDP growth this year, up from the 1.8% it forecast just three months ago”

“But uncertainty over the UK's EU relationship and higher inflation will "dampen medium term growth"

“It expects UK GDP to grow 1.1% next year, and 1.4% in 2018”

“However, its 1.1% forecast for next year would mark the weakest annual rate of growth for the UK since the 2008 financial crisis”