Article 45G47 Cash-strapped Britons keep spending but firms cut investment

Cash-strapped Britons keep spending but firms cut investment

by
Phillip Inman Economics editor
from on (#45G47)

Households help UK economy bounce back over quarter as Brexit fears spook businesses

Cash-strapped households provided most of Britain's growth in the three months to September, as businesses cut investment again amid fears over Brexit.

Official figures confirmed the economy bounced back from the freezing temperatures earlier in the year as shoppers spent heavily during the football World Cup and a long heatwave.

Related: Asos shock shows UK's economic problems extend beyond high street

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