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The Guardian - UK
The Guardian - UK
Business
Richard Partington Senior economics correspondent

Amid disappointing UK growth, how can Rachel Reeves escape the doom loop?

Rachel Reeves United Kingdom Economy JLR Bank of England Britain
The chancellor Rachel Reeves delivers a budget scene setter speech last week
With the UK economy in a tight spot, the chancellor, Rachel Reeves, is boxed in ahead of the budget on 26 November. Photograph: Kirsty O’Connor/Treasury

Rachel Reeves’s autumn budget is not simple: Britain’s economy is misfiring and things need turning around fast. Yet a fiscal consolidation on the scale the chancellor is expected to require could push in exactly the opposite direction.

The latest figures from the economy are hardly encouraging. Growth slowed from 0.3% in the second quarter to just 0.1% in the third, driven down in part by the cyber-attack on Jaguar Land Rover.

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