UK economy is facing slow growth, with the CBI downgrading GDP forecasts to 1.2 per cent for 2025 and 1 per cent for 2026 due to weak demand, rising employment costs, and global uncertainty.
Business investment and hiring are subdued, while inflation remains elevated.
The CBI urges government-business collaboration and a robust industrial strategy to address productivity, skills, and energy costs.
Business investment and hiring are subdued, while inflation remains elevated.
The CBI urges government-business collaboration and a robust industrial strategy to address productivity, skills, and energy costs.
