Source: Foundation for Economic Education
by Oliver Dean
“The latest Office for National Statistics (ONS) statistics paint a bleak picture for Britain’s economic outlook. Growth over the last three months is even slower than expected, with the UK’s GDP rising just 0.1% from July to September, half as much as forecast. That comes hard on the heels of the news on Tuesday that unemployment has hit 5%, the highest it has been in four years. With more young people not in education, employment or training and businesses repeatedly voicing concerns over tax hikes, it is clear that Britain is no longer the welcome home to businesses it once was. With the Budget just two weeks away, the Chancellor still has the power to turn the British economy around. But only if she signals to businesses that she has their interests at heart.” (11/19/25)