UK growth remains weak
13 October 2023
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In the Media
Tom Clougherty's appointment featured in The Times
13 October 2023
Monetary Policy
Government and Institutions
Julian Jessop quoted in the Daily Express
Julian Jessop’s response to the 0.2 per cent growth was quoted by the Daily Express, in its article discussing what Chancellor Jeremy Hunt said about August’s GDP figures.
The article quoted Julian stating:
“The economy will now probably have to grow by 0.2 per cent or more in September to avoid the first of two successive quarters of falling output that would mark a technical ‘recession’.
“At the very least, growth is currently weaker than the Bank of England had been expecting, making another interest rate hike even less likely.”
Read the full article here.
The article quoted Julian stating:
“The economy will now probably have to grow by 0.2 per cent or more in September to avoid the first of two successive quarters of falling output that would mark a technical ‘recession’.
“At the very least, growth is currently weaker than the Bank of England had been expecting, making another interest rate hike even less likely.”
Read the full article here.
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