Reported 1 day ago
In the third quarter of the year, the British economy showed no growth, according to revised figures from the Office for National Statistics, marking a setback for the new Labour government focused on economic growth. Critics point to Labour's negative characterization of the economy since taking power, while Treasury chief Rachel Reeves acknowledges the significant challenge of reviving the economy and has implemented business tax increases in her first budget. However, this move has led to fears among economists that it may further harm economic performance.
Source: YAHOO