Stride: UK ‘far from out of the woods’ despite growth
Video Credit: ODN - Duration: 01:16s - Published
Stride: UK ‘far from out of the woods’ despite growth
Shadow Chancellor Sir Mel Stride welcomed the UK’s 0.7% growth but warned it’s "no time to pop champagne corks." He pointed to signs of a slowdown in March and rising pressures on businesses from tax and regulatory changes.
Stride said wider forecasts still predict weaker growth ahead, warning the economy faces "stress and strain" despite this short-term boost.
Report by Covellm.
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