British Chambers of Commerce cuts growth forecasts blaming squeeze on household budgets and failure of exporters to capitalise on low pound Britain is locked into a “low growth trajectory” that will see GDP growth dip next year while the eurozone shrugs off Brexit uncertainty to stretch ahead, according to a main business group.
The British Chambers of Commerce said a squeeze on household budgets and the failure of exporters to capitalise on the low pound meant the UK was “treading water”.
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Source: theguardian.com