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UK GDP flatlined in last quarter, as firms warn economy is heading for ‘worst of all worlds’ – business live

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Rolling coverage of the latest economic and financial news, as ONS revises down growth estimate for July-September

The Conservatives’ warning that Britain could be facing a ‘recession made in Downing Street’ next year makes the front page of two right-leaning newspapers.

The Daily Mail says the CBI’s survey of 899 firms painted a downbeat picture of the country’s economic future…

“We knew [governing] was going to be difficult.”

“I think the voters and the public knew it was going to be difficult too, that’s why they voted for change because we knew the country was in such a bad situation.

Continue reading…Rolling coverage of the latest economic and financial news, as ONS revises down growth estimate for July-SeptemberSharp fall in UK business activity forecast as economic gloom deepensThe Conservatives’ warning that Britain could be facing a ‘recession made in Downing Street’ next year makes the front page of two right-leaning newspapers.The Daily Mail says the CBI’s survey of 899 firms painted a downbeat picture of the country’s economic future…“We knew [governing] was going to be difficult.”“I think the voters and the public knew it was going to be difficult too, that’s why they voted for change because we knew the country was in such a bad situation. Continue reading…