UK businesses expect no growth over next three months

Last Updated: August 3, 2022By Tags: , , , , , , , , , , , ,

Sunak and Truss: it seems not to matter which of these becomes the next UK prime minister – neither will do anything to address coming surges in the cost of living.

Apparently it doesn’t matter who the next prime minister is going to be; the UK economy is still going down the toilet.

As a lay-person, this suggests to me that neither Liz Truss nor Rishi Sunak are promoting any policies that the experts – if I can call them that – at the CBI can recognise as being helpful.

British businesses do not expect any growth over the next three months, as a surging cost of living squeezes consumer demand, a monthly survey showed on Sunday.

The Bank of England has warned that Britain’s economy is likely to contract later this year, when a 40% jump in regulated energy tariffs hits consumers in October, and has forecast the economy will contract slightly next year.

Last week the International Monetary Fund forecast Britain would see the weakest growth of any major economy other than Russia next year.

Source: UK businesses expect zero growth over next 3 months – CBI

Have YOU donated to my crowdfunding appeal, raising funds to fight false libel claims by TV celebrities who should know better? These court cases cost a lot of money so every penny will help ensure that wealth doesn’t beat justice.

https://www.crowdjustice.com/case/mike-sivier-libel-fight/


Vox Political needs your help!
If you want to support this site
(
but don’t want to give your money to advertisers)
you can make a one-off donation here:

Donate Button with Credit Cards

Here are four ways to be sure you’re among the first to know what’s going on.

1) Register with us by clicking on ‘Subscribe’ (in the left margin). You can then receive notifications of every new article that is posted here.

2) Follow VP on Twitter @VoxPolitical

3) Like the Facebook page at https://www.facebook.com/VoxPolitical/

Join the Vox Political Facebook page.

4) You could even make Vox Political your homepage at http://voxpoliticalonline.com

And do share with your family and friends – so they don’t miss out!

If you have appreciated this article, don’t forget to share it using the buttons at the bottom of this page. Politics is about everybody – so let’s try to get everybody involved!

Buy Vox Political books so we can continue
fighting for the facts.


The Livingstone Presumption is now available
in either print or eBook format here:

HWG PrintHWG eBook

Health Warning: Government! is now available
in either print or eBook format here:

HWG PrintHWG eBook

The first collection, Strong Words and Hard Times,
is still available in either print or eBook format here:

SWAHTprint SWAHTeBook

latest video

news via inbox

Enter your email address to follow this blog and receive notifications of new posts by email.

Leave A Comment