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Few expected Britain to boom but the GDP figures will worry the Treasury

Few expected Britain to boom but the GDP figures will worry the Treasury



Summer slowdown raises questions of whether Reeves’s bleak outlook in the run-up to the budget hindered growthBusiness live – latest updatesIt was hardly surprising that the chancellor, Rachel Reeves, declared herself “not satisfied” with the news that GDP expanded by a measly 0.1% in the three months to September.Few could have expected Labour to kickstart an economic renaissance from day one, despite its “mission” to deliver the highest sustained growth in the G7. Continue reading…



Source link : https://www.theguardian.com/business/2024/nov/15/economy-gdp-uk-treasury-rachel-reeves-budget

Author : Heather Stewart

Publish date : 2024-11-15 09:09:38

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Tags :The Guardian

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