- Recovery to continue despite the headwinds

- We are forecasting real GDP growth of 6.9% in 2021 and 5% in 2022

- We have taken the view that most people returning from furlough will return to their old jobs or quickly find new ones

- We believe that supply bottlenecks and rising energy prices will continue to put upward pressure on inflation

- The CBRE view is that the Bank of England will raise Bank Rate in the middle of next year