Growth to slow and unemployment to jump to two million, says CBI

The Confederation of British Industry has forecast weaker economic growth and a rise in unemployment (Aaron Chown/PA) - (PA Wire)

UK economic growth is set to falter and unemployment will worsen as the conflict in the Middle East and rising energy costs weigh on consumers and firms, new forecasts have warned.

Influential business group the Confederation of British Industry (CBI) warned that around 200,000 more Britons are on track to become unemployed in a gloomy outlook for the state of the economy.