Article 5T6Z6 UK’s fading business confidence amid Omicron spread needs urgent action

UK’s fading business confidence amid Omicron spread needs urgent action

by
Richard Partington
from Economics | The Guardian on (#5T6Z6)

Boris Johnson's cabinet is caught once more between doing the right thing and doing the ideological thing

It's shaping up to be all too familiar. A worsening outlook in the pandemic, a government slow to react, and confidence fading fast among businesses and households.

In many ways Christmas couldn't come soon enough for Boris Johnson's government, amid a storm of bad news as the prime minister's Teflon ability to survive political scandal appears to be deserting him at last. But rather than acting as a distraction, the festive period merely highlights the serious problems facing the British economy that could make matters worse.

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