Article 65Q0T Jeremy Hunt warns of ‘tough road ahead’ as UK economy shrinks

Jeremy Hunt warns of ‘tough road ahead’ as UK economy shrinks

by
Richard Partington Economics correspondent
from on (#65Q0T)

GDP fall of 0.2% for three months to September gives bleak picture in run-up to autumn statement

Jeremy Hunt has warned of a tough road ahead" after Britain's economy shrank in the three months to September, in what is expected to be the beginning of a lengthy recession.

In its first estimate of growth in the third quarter, the Office for National Statistics (ONS) presented a bleak picture of the economy before next week's autumn statement from the chancellor.

Continue reading...
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