OECD bullish on UK prospects

Growth is due to pick up in the new year in the UK, according to OECD predictions released yesterday. The Paris-based group’s leading indicator ticked up to 100.2 for the UK in September from 100.1 in August, where 100 represents the long-term average. The indicators continue to forecast weak growth across the Eurozone and in Japan, although prospects in the US remain better.