Sir Keir Starmer asserts that the UK's economy is showing signs of improvement, stating it is "starting to turn around," despite concerns of an impending recession. This follows a meeting with city leaders discussing economic growth as the government's priority. However, the Confederation of British Industry warns of declining activity and rising prices in the private sector, predicting a growth reduction of 0.5% in the upcoming quarter. Experts emphasize the urgent need for economic momentum as businesses face subdued demand and caution from consumers.
"The number one priority of this Labour government is growth. Growth, growth, growth."
"We have to get our economy working. I think we're beginning to see how that's turning around."
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