28/03/2019

UK | Investment

Monthly Review - March 2019

UK Economic Briefing - March 2019

The Chancellor, Phillip Hammond presented the Spring Statement on 13 March. This was largely expected to be a low key event in the midst of three key parliamentary votes on Brexit.
  • The Office of Budget Responsibility (OBR) downgraded growth for 2019, with GDP growth now expected at 1.2% down from October’s forecast of 1.6%.
  • The expected near term weakness in activity is largely due to a decline in business investment for a second successive
    year and poor performance in net trade.
Your Contact

Stephanie McMahon

Stephanie McMahon
Head of UK Research
Research
+44 (0) 20 7338 4002

Contact


International
With a presence in 36 countries, BNP Paribas Real Estate has a global reach, offering our clients in Asia, Middle East and North America unparalleled European expertise.
Carte implantations
  
 
 
 

Latest News and Insights
blogs square