Next year may be the ‘year of salvation’ for the economy, head of economics at RBS, Stephen Boyle speculated, but businesses should expect slow growth rather than the rapid acceleration seen after previous recessions.
Speaking at the recent UK200 annual conference in Edinburgh, Boyle said that even as the economy recovers, those with average earnings may fall foul to the impact of globalisation and technology advancements.
The good news Boyle brought to the conference was that next year, “everything is going to get better”, and that there are...
About Rachael Power
Your friendly, neighbourhood community editor.