Economics
UK Economic Growth Is Grinding to a Standstill, BCC Warns
- Business lobby sees inflation hitting 10% by the end of 2022
- Forecast adds to fears that UK could slide into recession
An employee uses an angle grinder at a scrap automobile and recycling yard in Ditchingham, U.K.
Photographer: Chris Ratcliffe/BloombergThis article is for subscribers only.
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UK economic growth is grinding to a halt as the cost of the living crisis escalates, a leading business lobby warned.