Article 3W23 The UK's economy cannot run on frothy coffee for ever

The UK's economy cannot run on frothy coffee for ever

by
Phillip Inman, economics correspondent
from on (#3W23)

Strong consumer spending is all very well, but it masks the long-term problem of declining business investment

When coffee shops are among Britain's retail stars, it's not surprising that economists argue the merits of the cappuccino economy versus the flat white alternative.

The latest GDP update shows that froth still dominates (the flat white reference being a nod to a tech/digital economy that has yet to gain ascendancy).

Related: UK business investment falls at fastest rate since financial crisis

Continue reading...mf.gif

rc.img
rc.img
rc.img

a2.imga2t.img
External Content
Source RSS or Atom Feed
Feed Location http://feeds.theguardian.com/theguardian/business/economics/rss
Feed Title
Feed Link http://feeds.theguardian.com/
Reply 0 comments