09-June-2026
Economy News
 
UK Employers Warns of Slower Growth, Higher Unemployment
09-Jun-2026

The Confederation of British Industry cut its forecast for the country's economic growth on Tuesday and predicted unemployment would rise to its highest in more than a decade as the Iran war pushes up energy prices and squeezes living standards. Consumer price inflation looks set to peak at 3.7% in the first quarter of next year, up from 2.8% in April and similar to the rise predicted by the Bank of England.

News Source:- https://money.usnews.com/investing/news/articles/2026-06-08/uk-employers-warns-of-slower-growth-higher-unemployment
 
 
 

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