The UK economy is heading into a “critical quarter” and needs the Government to put its internal divisions on hold to avoid the country tipping into recession, the head of the country’s largest business organisation has warned.
CBI director-general Tony Danker has used an interview with The Journal to warn that inflation, staff shortages and supply chain issues are causing significant difficulties for many businesses.
But he added that there were also opportunities for growth in many sectors of the economy, particularly those in which the North East has significant strengths, such as clean energy and life sciences.