UK Economy Faces Challenges Ahead of Budget Announcement

Britains economy faces a grim outlook as businesses and consumers hold back, awaiting the upcoming budget announcement. The services and manufacturing sectors grew minimally in November, and retail sales and consumer confidence have dropped. The government may need to raise additional billions due to slower growth, higher borrowing costs, and welfare cut difficulties.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.