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Daniel Thomas

  • London, United Kingdom

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  • bbc.com
    1 article

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  • UK economy 'listless' with little growth in four years
    13 Jul 2023—bbc.com
    Getty Images By Daniel Thomas Business reporter, BBC News The UK economy has barely grown since 2019 before the pandemic, with one economist describing it as "listless". It shrank by 0.1% in May, partly due to the extra bank holiday for the King's Coronation, which meant there was one fewer working day than normal. The rising cost of living and higher interest rates have been squeezing households and businesses. When an economy shrinks, people might lose their jobs and find it harder to get...

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