Britain's private sector companies are experiencing slower growth and stronger pressures to increase prices ahead of the general election, according to a closely watched industry survey. The survey revealed that British businesses are expanding at the slowest pace since the economy was in recession last year, with some companies delaying significant decisions until after the July 4 election. The growth in the UK private sector economy has slowed over the past month as businesses and households postpone spending due to election uncertainty. In June, the UK economy saw its slowest private sector growth in seven months.
🇬🇧 UK economy has slowest private sector growth since November as manufacturing at 26-month high https://t.co/dz4knn26re
Growth in the UK private sector economy slowed over the past month as businesses and households put off spending until after the general election, a closely watched survey showed ⬇️ https://t.co/cPrgzCVE1p
Election uncertainty pushes British business growth to seven-month low in June https://t.co/niiHC0lEKY
#Britain’s private sector companies report slower growth and stronger pressures to increase prices in the lead up to the general election, a closely watched industry survey showed
Britain’s private sector companies report slower growth and stronger pressures to increase prices in the lead up to the general election, a closely watched industry survey showed https://t.co/WubZU0zISs
🔵 ELECTION NERVES PUSH UK BUSINESS GROWTH TO 7-MONTH LOW, PMI SHOWS British businesses are expanding at the slowest pace since the economy was in recession last year, as some companies put big decisions on hold until after July 4's election, a survey showed on Friday. Full… https://t.co/CjTUq9aTQC