Why no economic growth is a problem
David Kelly, head of insolvency at accountants PwC, said:"Businesses are struggling to secure financing and pay off their loans due to high interest rates and the wider impact inflation and consumer sentiment is having on sales and cash flows." PwC suggested some of the hardest-hit sectors, such as hospitality, would likely see pressures ease due to stronger sales as the weather improved.
The caring Tory government folks
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more: