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Growth expectations among UK firms take 'decisive turn for worse', says CBI

By The Guardian   |   1 year ago
Growth expectations among UK firms take 'decisive turn for worse', says CBI

Business confidence in the UK has plummeted since Rachel Reeves's budget, with growth expectations turning negative for the first time in 2024. The CBI warns of declining activity in various sectors, attributing it to tax rises and tough decisions by the government.

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