Budget gossip and U-turns to blame for UK's weak growth, says ex-Bank chief economist
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Budget gossip and U-turns to blame for UK's weak growth, says ex-Bank chief economist
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The Independent funds on‑the‑ground journalism through donations and offers reporting without paywalls. The organization highlights investigations into Elon Musk's pro‑Trump PAC and a documentary about American women fighting for reproductive rights. Former Bank of England chief economist Andy Haldane warned that pre‑Budget rumours and leaks have damaged the economy by depressing business and consumer spending. Official data showed UK GDP growth slowed to 0.1% in the third quarter, with factors such as a Jaguar Land Rover cyberattack contributing to declines in manufacturing output.
Read at www.independent.co.uk
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