uk iconUK

 

 

 

Omicron slows UK growth to weakest since April - CBI

British businesses grew at the slowest pace since April 2021 during the past three months, after demand for face-to-face services slumped due to the Omicron variant of coronavirus, the Confederation of British Industry said on Sunday.

Omicron slows UK growth to weakest since April - CBI
smsfadviser logo

Britain's economy only recovered to its pre-pandemic size in November, before being hit by the highly infectious Omicron variant which led to government advice to work from home and restrictions on hospitality in Scotland and Wales.

Read more at Reuters

Subscribe to Financial Accountant

Receive the latest news, opinion and features directly to your inbox