Rolling coverage of the latest economic and financial news
- Latest: UK recovery slowed to 1.3% in Q3
- But growth did pick up in September after weak summer
- Introduction: UK economy in spotlight
- UK plc risks long-term stagnation and rising destitution, warns top thinktank
- Elon Musk sells $5bn in Tesla stock days after Twitter poll
Chancellor of the Exchequer, Rishi Sunak, has warned there are ‘still challenges to overcome’, as the economic recovery from the pandemic continues.
“The economy continues to recover from Covid and thanks to schemes like furlough, the unemployment rate has fallen for eight months in a row and we’re forecast to have the fastest growth in the G7 this year.
“As the world reopens we know that there are still challenges to overcome.
Continue reading...from The Guardian https://ift.tt/3C98DhI
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