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UK economy will revive in 2021 but full recovery not likely until 2022, says CBI

Brexit uncertainty and business jitters caused by Covid lockdowns will delay investment rebound

Britain’s economy will bounce back next year from the Covid pandemic but a fifth year of weak business investment will delay a full recovery until the end of 2022, according to CBI forecasts.

A combination of Brexit uncertainty, which is expected to continue into next year with or without a deal, and the blow to business confidence during the first and second lockdowns will delay a rebound in private sector investment.

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Read the original article at The Guardian

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