"Any discussion about the prospects for growth in the UK economy going forward must be prefixed by concerns over the effect of the new variant of Coronavirus.
Nonetheless, the OECD published a report yesterday in which it states a belief that the UK economy will grow at the fastest rate of its G7 partners.
It predicts growth of 6.9% this year and 4.2% in 2022. Having fallen by the largest rate in the G7, these fugues may be a little misleading, but they are a positive signal despite this.
Boris Johnson and Rishi Sunak will doubtless welcome the positivity that this news generates, but the cloud that the new variant will produce over potential growth cannot be ignored.
Having withdrawn all the support he had provided to furloughed workers; Sunak will be looking into what may be necessary should Omnicom lead to another lockdown.
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