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OECD raises UK growth forecast

The Organisation for Economic Cooperation and Development (OECD) revised higher the UK GDP forecast but warned the brexit related uncertainties could play a spoilsport.  

The OECD raised its growth forecast to 1.4 percent for 2018, up from the previous estimate of 1 percent. Further, the economy is expected to grow by 1.3 percent in 2018.  

Key quote (Source: The Independent)

“From an economic point, Brexit negotiations should aim at preserving open trade with the European Union and high access for financial services to EU markets.”

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