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UK recession fears ease as economy grows by 0.1% in October-December – business live
First estimate of UK GDP for October-December shows Britain’s services sector and construction grew, but production contracted againUK economy grows by 0.1% in unexpected boost for Rachel ReevesGDP rose 0.4% in December, stronger than expectedShadow chancellor Mel Stride has accused chancellor Rachel Reeves of “killing growth” with her budget, delivered at the end of October - despite the economy growing by a decent 0.4% in December.Stride claims working people and businesses are “already paying for her choices.”“The Chancellor promised the fastest growing economy in the G7, but her budget is killing growth.“Working people and businesses are already paying for her choices with ever rocketing taxes, hundreds of thousands of job cuts and business confidence plummeting. Continue reading...
First estimate of UK GDP for October-December shows Britain’s services sector and construction grew, but production contracted again
- UK economy grows by 0.1% in unexpected boost for Rachel Reeves
- GDP rose 0.4% in December, stronger than expected
Shadow chancellor Mel Stride has accused chancellor Rachel Reeves of “killing growth” with her budget, delivered at the end of October - despite the economy growing by a decent 0.4% in December.
Stride claims working people and businesses are “already paying for her choices.”
“The Chancellor promised the fastest growing economy in the G7, but her budget is killing growth.
“Working people and businesses are already paying for her choices with ever rocketing taxes, hundreds of thousands of job cuts and business confidence plummeting. Continue reading...
