UK economic growth next year will be fastest since 1948, says OBR

Government's independent forecaster also says Covid crisis will cost equivalent of 14,000 for every household

Britain's economic growth will accelerate next year at the fastest rate since official records began as the economy rebounds by 7.3%, according to the government's independent economic forecaster.

With Covid restrictions set to remain until the summer, delaying the start of the recovery, the Office for Budget Responsibility said the economy would surge ahead in 2022 at the fastest pace since 1948.