CBI cuts UK growth forecast for 2025 and 2026 due to US tariffs and tax hikes. Labour cost increases affecting hiring and investment plans. Bank of England expects tariffs to impact output and inflation.
image sourced from original article at https://www.dailymail.co.uk/wires/reuters/article-14822659/US-tariffs-tax-hikes-depress-UK-growth-year-CBI-forecasts-show.htmlOriginal article source: https://www.dailymail.co.uk/wires/reuters/article-14822659/US-tariffs-tax-hikes-depress-UK-growth-year-CBI-forecasts-show.html
Source Id: 8729238681
