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The Guardian - UK
The Guardian - UK
Business
Phillip Inman

Labour is procrastinating over policy as UK’s economy goes backwards

Economy Whitehall Sir Keir Starmer
London pub on a winter evening near Christmas
There is little Christmas cheer for pubs as they face hefty rises in business rates. Photograph: Jon Crwys-Williams/Alamy

There is a heavy cloud hanging over Labour’s Christmas celebrations.

The most recent figures show the economy is going backwards and worse, the slide is prompting recession talk in the corridors of City banks.

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