UK economy at near-standstill as uncertainty over the budget and high interest rates weighed on consumer spendingMy colleague Heather Stewart has this analysis of today’s GDP figures:Few could have expected Labour to kickstart an economic renaissance from day one, despite its “mission” to deliver the highest sustained growth in the G7.Today’s disappointing figures underline the scale of the challenge facing our economy after years of reckless mismanagement by the previous Conservative government.After a budget promising to deliver little by way of growth and an unfair tax on small businesses, we need to see a real growth plan from the government. Continue reading…
Source link : https://www.theguardian.com/politics/live/2024/nov/15/gdp-rachel-reeves-growth-figures-uk-politics-live
Author : Martin Belam
Publish date : 2024-11-15 09:24:00
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