‘Slack’ opening up in UK economy as higher taxes squeeze employers, says Andrew Bailey
The pound has dropped to a three-week low after the governor of the Bank of England said it could make bigger cuts to interest rates if the job market slows too quickly.
Andrew Bailey said “slack” was opening up in the UK economy, as higher taxes have squeezed employers.
Continue reading…‘Slack’ opening up in UK economy as higher taxes squeeze employers, says Andrew BaileyBusiness live – latest updatesThe pound has dropped to a three-week low after the governor of the Bank of England said it could make bigger cuts to interest rates if the job market slows too quickly.Andrew Bailey said “slack” was opening up in the UK economy, as higher taxes have squeezed employers. Continue reading…
