The UK economy hits unexpected slump: Why? | LBC analysis
Автор: LBC
Загружено: 2025-03-14
Просмотров: 16553
The UK economy unexpectedly contracted by 0.1% in January marking the latest blow to Chancellor Rachel Reeves.
Tom Swarbrick hears from Political Correspondent Aggie Chambre and Yael Selfin, Chief Economist at KPMG UK.
Growth of 0.1% had been expected by the majority of economists.
Following the news early on Friday, Ms Reeves said Britain is "feeling the consequences" of an ever-changing geopolitical landscape.
"The world has changed and across the globe we are feeling the consequences," Ms Reeves said.
LBC listener Andrew texts in from Fulham with his reaction, branding Rachel Reeves 'disingenuous' for her remarks.
This announcement marks another blow to Rachel Reeves, who has faced calls for her to resign in the wake of disappointing economic growth since Labour took power.
Listen to the full show on Global Player: https://app.af.globalplayer.com/Br0x/...
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