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Podcast: Beyond Currency
Episode: 6 December 2022 - CBI sees 0.4% contraction in UK economy in 2023
Description: The Confederation of British Industry, nicknamed the Bosses Union, yesterday condemned the Government for the lack of support industry has received while Brexit regulations have caused chaos for businesses trying to continue to do business in Europe.
It called the Conservatives ten years in power the lost decade, as it predicted that the economy would shrink by 0.4% in 2023.
Inflation is likely to continue to rise and investment by businesses in their own development, already down, would dry up entirely.
This grim outlook has been attributed to a decade of missed opportunities, the most telling of which has undoubtedly been the...