UK economy shrinks at quickest pace in seven months
"Another dismal day for growth in the UK economy. Appalling Tory decisions (and failures to make decisions) have left us stuck in a low growth, high tax trap.”
"Another dismal day for growth in the UK economy. Appalling Tory decisions (and failures to make decisions) have left us stuck in a low growth, high tax trap.”
2020 is not yet sewn up for the Tories
John McDonnell’s appointment of a council of economic experts is a shrewd move
But what would that mean in practice?
New IPPR analysis of the budget shows a 30 per cent cut in resource spending for unprotected departments by 2019/20
The higher the implied ‘tightness’ the lower the inflation reading