Chancellor: ‘There’s a lot more to do’ to improve the economy

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Chancellor: 'There's a lot more to do' to improve the economy

Chancellor Rachel Reeves, says she’s "not satisfied" after official figures showed economic growth slowed to just 0.1% in the months after Labour took government, and even contracted in September.

The chancellor says that we should be patient, as she has long-term plans to fix the economy, but business owners are worries about having to do the heavy lifting for this.

Ms Reeves says it is "up to businesses" to make the tough decisions about how they run their business, but has "no doubt" that their ingenuity will mean "we can get through this".

Read more: https://news.sky.com/story/new-economy-data-tests-chancellors-growth-agenda-13254583

#economy #business #politics

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Date: November 15, 2024