(MENAFN) The EY Item Club said that Britain's economy will expand by 2.8 percent in 2015 despite the political uncertainty mounting over the general election, Xinhua reported.
A strong labor market, benign inflation, and a supportive interest rate environment are expected to boost Britons' consumption, with a real income growth of 3.7 percent in 2015 for the household.
The stronger growth of the eurozone, which is boosted by the European Central Bank's quantitative easing program, is also another factor supporting Britain's growth.
"The fall of the euro against the pound will add weight to the forces bearing down on UK inflation and buoying consumer incomes and spending," EY ITEM Club said in a statement.
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