The UK is facing the "worst of all worlds" in terms of economic statistics

Started by admin, 2024-12-23 08:56

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The UK is facing the "worst of all worlds" in terms of economic statistics. Between July and September, the British economy grew by zero percent, which fueled recessionary fears as companies cut growth and job projections. According to a recent study, 899 businesses want to make significant layoffs, and opponents point the finger at Chancellor Rachel Reeves' policies. Andrew Griffith, a conservative spokesman, charged that Reeves' "tax-raising spree" was fostering a "hostile climate for investment and growth." Source: RT