Why it’s easy to talk about record economic growth Business News

The “fastest growth rate in over 70 years” sounds like cause for celebration.

And it’s true that 7.25% growth, which is the Bank of England’s latest forecast for 2021 released on Thursday, would be the biggest calendar-year expansion since 1941, when Britain was still growing. its production to fight against the Nazi threat.

But there is nothing exciting, let alone celebrating.