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Coyle: Bleak Outlook for UK Economy (Audio)
After second quarter GDP figures showed the UK economy contracting by less than had been expected, economist and Bennett Professor of Public Policy at Cambridge University Diane Coyle says the outlook is bleak. She told Bloomberg's Stephen Carroll and Alex Webb that the impact of rising energy bills will be 'severe' on households, and that discretionary spending will be the key metric to watch for signs of consumers being squeezed.
Aug 12, 2022