Skip to main content

EuroNews:
UK economy: moderate growth but inflation remains high

23 November 2017

UK economy: Britain is on course for its longest fall in living standards since records began, with wages not returning to their pre-financial crisis levels until at least 2025. … “Right now, the British people are already paying money. Every time they go shopping, because prices have gone up, they actually can buy less with their money.” said Dennis Novy, research fellow at the Center for Economic Performance, London School of Economics and Political Science. “And that is the cost. It’s very evenly distributed, it affects pretty much every single person in the entire country.” “But it actually adds up to a lot of money, so the British people are already paying for Brexit, even though Brexit hasn’t even happened yet.”

Also in:

Monday 27 November

Thai News Service

United Kingdom: UK economy – moderate growth but inflation remains high

[No link available]

Sunday 26 November

Mubasher

UK sees slower growth, higher inflation

[No link available]

Read more... EuroNews