<p><span><span><span><span lang="EN-US"><span><span>The GDP is expected to be at its highest in Quarter 2 and Quarter 3 of 2021 if the covid limitations continue to relax. In Quarter 1 of 2022, the economy of the UK is forecasted to </span></span></span><span lang="EN-US"><span>recover<span> from the losses caused by the pandemic and reach a pre-pandemic level with 5.1% growth predicted for the year 2022, and 2.1% growth for the year 2023.</span></span></span></span></span></span></p>

<p><span><span><span><strong><span lang="EN-US"><span><span>Business Investment</span></span></span></strong></span></span></span></p>

<p><span><span><span><span lang="EN-US"><span><span>In 2021 and 2022, business investment is projected to generate a strong rebound, with growth forecasted at 4.1% in 2021 and 6.8 % in 2022. Reopening of companies and the introduction of the enhanced deduction incentives might account for the expected growth. Nonetheless, as the super deduction incentives expire and corporate taxes rise, it is anticipated to fall by 1.2 percent in 2023.</span></span></span></span></span></span></p>
