‘Tough Road Ahead’ for UK Economy Despite October Rebound, Chancellor Warns

[Epoch-Times-Bot]

'Tough Road Ahead' for UK Economy Despite October Rebound, Chancellor Warns

The UK economy still faces a "tough road ahead" despite a rebound in growth in October, Chancellor of the Exchequer Jeremy Hunt has warned.
According to the latest data from the Office of National Statistics (ONS), monthly real GDP is estimated to have grown by 0.5 percent in October, following a fall of 0.6 percent in September.
But experts said the recovery was a "false dawn" as the September figure was affected by the additional bank holiday for the state funeral of Queen Elizabeth II.
The UK is still on track for a likely recession, as GDP for the three months to October dropped by 0.3 percent from the previous three months....

Source: 'Tough Road Ahead' for UK Economy Despite October Rebound, Chancellor Warns

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