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UK economy sent amazing growth at the end of 2024, but worry remains so

The UK economy provided the expectations by sending 0.1% in the last quarter of 2024, according to the new country’s details office (A).

Analysts predicted the destruction, but strong tasks in construction, pubs, bars, and production equipment helped to keep the economy in a beautiful field.

On December, the economy grew by 0.4%, driven by a busy month of films, hospitality and industrial production. However, the image is all delicate, with low levels as low as 2023 and are worried that government rate of government tax rate can result in businesses.

Despite unexpected growth, businesses that are accompanied by 2025. Employers face the high cost of national insurance, reduce the low amounts of money, and reduce their assistance to enable payment, invest, or create jobs.

The bank of England has already appointed the UK increase in 2025, warning that the cost of the Higher employer, international taxes, and Donald Trump’s US Administration taxes.

Paul Dales, concluded in the CoNomist in Capital Economics, said the economy “is all – such as a complaining of costs. He pointed to Chancellor Rachel Reves Tag climbing as an important factor to reduce business confidence.

“The business opinion is low, in investment and consumer spending. In all, the economy is impossible to do more than the next six months,” warns.

The latest figures will provide relief from Prime Minister Sir Kir Starmer, who has made economic growth a very important thing. However, a different ass estimate, the actual GDP with each head, showing 0.1% of life standards compared to 2023.

Reeves allowed long-term economic challenges, saying: “It is impossible to change more than ten economic labor for a few months, but we do what is needed to bring stability to the economy.”

However, opposition statistics were quick to criticize government’s economic management.

Shadow Chancellor Mel Stride is accused of rebuilt “murder”, blaming his policies for increasing business taxes, job losses, self-esteem.

Liberal Democrat Daisy Cooper called Tax Government Taxes The “perfect pork ear”, warned whether small businesses, economic spine.

While private housing projects raise the economy, homes of homes have reduced correction and correction, indicating household financial presses.

At that time, the computer system, publishing, and selling cars were weak trading, measure productivity and hospitality.

Through the high tax and the weakest business investment, economic growth is expected to remain overcome. Government emphasizes that it takes steps to ‘put a lot of money in pockets, but worry continues that the financial process is supported or preventing recovery.

The next months will be important in determining whether the UK economy can support its impetus or lazy growth and collapse of levels of 2025.


Jamie young

Jamie is a higher journalist in business matters, bringing ten years of experience in UK SME Business Buya. Jamie holds a graduation from business management and participates regularly in industrial conferences and workshops. When you do not report the latest business development, Jamie loves to advise updated journalists and businessmen to encourage the next generation of business leaders.




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