Slower economic growth expected

Slower economic growth expected

Cities and regions across the UK will experience slower economic growth between 2017 and 2019, in comparison with the previous three years, according to EY’s UK region and city economic forecast. The forecast has revealed that average gross value added (GVA) across the UK is expected to grow by 1.5% over the next three years. The north east of England (0.7%), Scotland (1%) and Wales (1%) are expected to record the slowest levels of economic growth. London and the south east are expected to be the fastest growing regions, with growth of 1.9% per year to 2019.

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