LONDON: Britain's economy has lost momentum over the past few months, with firms scaling back investment and hiring plans, business lobby BCC said on Tuesday, in another sign that a meaningful economic recovery remains elusive.
The quarterly survey by the British Chambers of Commerce (BCC) also showed that domestic and export demand slowed as the government's austerity drive and the euro zone debt crisis weighed.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!