Business confidence damaged by rising inflation, says ICAEW
Concerns on the tightening of the economy and rising inflation cause business confidence in the UK to fall for the third quarter in a row, ICAEW survey finds.
Concerns on the tightening of the economy and rising inflation cause business confidence in the UK to fall for the third quarter in a row, ICAEW survey finds.
In Manchester, digital inclusion has already helped to stimulate economic growth. The government’s Levelling Up agenda needs to help develop the skills to match this.
The latest IMF economic forecasts put the UK at the bottom of the pile in 2023, but our chart this week elevates the UK to fifth place out of seven by looking at average growth for the four years from 2020 to 2023.
Recent figures from ONS and OECD point towards a gradual deceleration in growth across Europe, with GDP in the UK starting to slow just as it topped its pre-pandemic level.