UK economic system slows between July and September | EUROtoday

The UK’s economic system grew by 0.1% between July and September, in keeping with the most recent official figures.

Growth was decrease than anticipated and the Office for National Statistics mentioned exercise was subdued throughout most industries throughout the three months.

Labour made boosting financial progress its high precedence when it got here into energy however Chancellor Rachel Reeves mentioned she was “not satisfied” with these newest figures.

This week she introduced plans to reform the pensions sector to attempt to increase funding however the authorities is going through a backlash by some companies who’ve criticised tax rises within the Budget.