Economics
U.K. Election Winners Will Find Reviving Economy No Easy Task
- Growth is weak, dragged down by firms delaying investment
- There are signs the labor market is starting to turn
Commuters travel using the Thames Clipper service in London. Brexit uncertainty is finally hitting the labor market.
Photographer: Chris Ratcliffe/Bloomberg
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Whoever wins this week’s U.K. election will take over an economy that’s far from full strength, and turning it around will require more than just ramping up spending.