Financial Times (December 23)
“The UK economy shrank slightly in the third quarter.” Revised figures “highlight the country’s struggle to shake off its low-growth performance and raise the risk of a technical recession…. The UK economy is stuck in a lacklustre state as it struggles with high borrowing costs and the legacy of the worst inflationary upsurge for a generation.”
Tags: Borrowing costs, Economy, Growth, Lacklustre, Q3, Revised, Risk, Struggle, Technical recession, UK
Reuters (June 28)
“British consumers have turned gloomier about the economy and the outlook for their personal finances,” according to a consumer-sentiment survey. “The GfK consumer sentiment index—which has been negative since shortly before the June 2016 Brexit referendum—fell to -13 in June from May’s seven-month high of -10.” This is just one of the signs pointing to “a lacklustre second quarter for the economy.”
Tags: Brexit, Consumer sentiment, Consumers, Economy, GfK, Gloomier, Lacklustre, Negative, Outlook, Personal finances, Referendum, UK
