UK politics
fromwww.bbc.com
3 months agoTreasury earmarks billions in spending cuts
The UK Treasury plans substantial spending cuts due to limited financial flexibility amid changing economic conditions.
The steep decline in manufacturing output reflects the challenges faced by the sector, including high energy costs and rising labour costs, with expectations of slowing decline ahead.
European equity markets opened flat on Wednesday as investors await critical US inflation data while monitoring global trade diplomacy developments.