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Economy to grow faster from 2018 after Brexit divorce deal

Berenberg Bank has forecast that the economy will grow faster in 2018 and 2019 as the expected agreement of a Brexit divorce bill should inspire more business and household confidence.

It has raised its GDP forecasts by 0.1% in each of the next 2 years. The Pound climbed to its highest level for almost 2 months against the Dollar yesterday as hopes rose that progress on the settlement with the EU would pave the way for the start of trade talks – The Daily Telegraph – The Guardian – Financial Times – The Times