Archive for the ‘Economic policy’ Category

UK growth tipped to slow as firms run down Brexit stockpiles

Business group downgrades GDP rises and warns dwindling investment will hurt long-term economy

Economic growth in Britain is expected to slow to the lowest levels since the financial crisis as firms run down Brexit stockpiles, according to a leading business lobby group.

After a stockpiling rush this year that pumped up the rate of economic growth, the British Chambers of Commerce said growth would slow in 2020 and 2021.

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