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The Independent UK
The Independent UK
World
Anna Wise

‘Cloudy’ economic outlook looms over Labour as 2024 draws to a close

It has been an eventful year for Prime Minister Sir Keir Starmer and Chancellor Rachel Reeves (Hollie Adams/PA) - (PA Wire)

With the UK economy set to be grinding to a halt, inflation rising again and backlash among businesses over tax-raising plans, a “cloudy” economic outlook looms over the Labour Government as 2024 draws to a close.

But the Government says it has reset the public finances and is heading into the New Year with more cash and big plans for growth.

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