All major indicators show the UK economy at a 'low ebb'

All major indicators show the UK economy at a 'low ebb'
Copyright 
By Euronews
Share this articleComments
Share this articleClose Button
Copy/paste the article video embed link below:Copy to clipboardCopied

UK growth looks set to slide according to the British Chamber of Commerce.

ADVERTISEMENT

UK growth looks set to slide according to the British Chamber of Commerce.

The body questioned 8,500 firms and found that orders, sales, investment and confidence are on the wane.

UK growth softening https://t.co/CQ6qTJ2gdG

— Mortgage Introducer (@MortgageChat) April 11, 2016

Figures indicate that industrial output fell 0.5 percent, the biggest decline since August 2013, implying the UK economy slowed in the first three months of the year.

About time George_Osborne</a> listened to coalition calling for investment in infrastructure to address skills shortage <a href="https://t.co/2ULE7q1otT">pic.twitter.com/2ULE7q1otT</a></p>&mdash; JeremyCorbyn4PM (JeremyCorbyn4PM) April 10, 2016

It is not only industrial output that is weak the service industry has been hit falling to its lowest level in three years.

Manufacturing has also seen a drop in domestic orders.

Share this articleComments

You might also like