The Strain Is Showing in the UK Economy
The housing market deep freeze is taking its toll, while the jobs market is cooling.
A frozen housing market is hurting the wider economy.
Photographer: Darren Staples/BloombergWelcome to Money Distilled. I’m John Stepek. Every week day I look at the biggest stories in markets and economics, and explain what it all means for your money.
It’s time for one of our regular reviews of what the people at the sharp end — businesses — are saying about the state of the UK economy. And a glance around recent corporate results leads to two main conclusions.