U.K. Economy Faces Perfect Storm: Private Sector Warns of Sharp Decline in 2025

The UK stands at an economic crossroads as private sector firms predict their sharpest decline in activity since 2021. The CBI’s latest growth indicator reveals businesses plan to cut jobs, reduce output, and raise prices in early 2025. The economy stagnated with zero growth in the third quarter of 2024, down from initial estimates of […]