UK economy cooling but still likely the strongest in developed world - economists

A report by the National Institute of Economic and Social Research published today predicts growth of 3% in the UK this year followed by 2.5% in 2015 and 2% in 2016, the Daily Mail reports. It comes just hours after the European Commission forecast the UK to expand by 3.1% this year - 10 times faster than France - before growth of 2.7% and 2.5% in the following two years. But experts at Fathom Consulting were less optimistic about the future, predicting that growth will slow to 1.5 per cent in 2016. "The UK economy, having been the basket case of the G7 not that long ago, suddenly ...