The alarms bells are not ringing yet but the British economy is coming off the boil with even the services sector showing some early signs of coolingGeorge Osborne has plenty on his plate at present. The chancellor is in a fine old mess over tax credits; now the latest evidence is that the economy is coming off the boil as well.
In the short term, it will be digging himself out of the gap over welfare reform that will be causing Osborne the most concern. Related: UK GDP growth slows more than expected to 0.5% Related: UK economic growth slows to 0.5% - live updates Continue reading...
Source: theguardian.com