It came as a slew of negative indicators suggested Chancellor Rachel Reeves's pledge to boost the economy was in tatters.
Shadow business secretary Andrew Griffith said: "It becomes clearer by the day that Labour's wrecking ball Budget of broken promises will decimate business and take the high street with it." The Confederation of British Industry says the private sector expects activity to fall in the three months to February, the first time in 2024 this Growth Indicator has been negative.
Alpesh Paleja, economist at the CBI, said: "As we head into 2025 expectations for growth have taken a decisive turn for the worse. Our surveys suggest anticipated activity was already weakening heading into the October Budget and the Chancellor's announcements have left businesses with even more tough choices to make."
Madness
هذه القصة مأخوذة من طبعة December 03, 2024 من Daily Express.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
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هذه القصة مأخوذة من طبعة December 03, 2024 من Daily Express.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
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