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Wednesday 1 January 2020

UK economy in stagnation at end of 2019, survey shows

British Chambers of Commerce report says long-term uncertainty is impeding growth

The UK economy ended 2019 in stagnation, under pressure from long-term uncertainty, mounting business costs and a global economic slowdown, according to a business survey.

The British Chambers of Commerce’s (BCC) latest quarterly economic snapshot, based on a poll of 6,500 firms across the country in November, painted a gloomy picture of the economy at the end of the last decade.

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from The Guardian https://ift.tt/39xKe8s

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