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