Omicron taking its toll on UK economy, but optimism lifts markets – business live

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Rolling coverage of the latest economic and financial news

Good morning, and welcome to our rolling coverage of the world economy, the financial markets, the eurozone and business. Economic growth across the UK has slowed to its weakest point since last spring’s lockdowns, as the omicron variant of Covid-19 hits confidence. The CBI’s latest survey of private sector growth, released this morning, shows that growth in the three months to December dipped to its lowest since April.

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UKHospKate Let’s hope this variant is the last hurrah of Covid and it’s blowing itself out! 🤞

Capitalism is the single greatest threat to a-Democracy, and all life on Earth .. When a Democracy is built upon Capitalism, what can we expect .. Profit before People/Planet .. Our Laws and Constitutions, simply don't hold MP's to account..

Brexit hasn't had any effects on the English Reich's economy, but omicron

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