GDP fall puts pressure on Coalition
26th July 2012
BUSINESS groups have called for bolder leadership on growth after new figures showed the UK economy shrank by 0.7% in the second quarter.
The figure, much worse than forecast by analysts, means the economy has shrunk in three consecutive quarters.
John Longworth, director general of the British Chambers of Commerce, said: "While many firms are faring better than official statistics may suggest, it’s time for the Government to be bold and show leadership. Questions remain about the accuracy of the figures. But i......for the full story register now for free or login below...
More News News Archive
- Register Now For Free!