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UK businesses react to shrinking economy

Posted

December 13, 2024

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Businesses have been reacting after it was revealed the economy remained in reverse gear during October, according to official figures.

The Office for National Statistics (ONS) said output fell 0.1% following the 0.1% decline recorded for the previous month.

Critics blame the government, accusing Sir Keir Starmer and his chancellor Rachel Reeves of a spectacular, early, own goal that has spooked the public and businesses alike.

#money #economy #skynews #uk #finance

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The OfficeNational Statistics ONSSir Keir StarmerRachel ReevesTwitter LikeFacebook FollowInstagram FollowTikTok For

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UK businesses react to shrinking economy · Sky News · Sentinel