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UK economy heading for worst year in almost a decade, predicts business group

There have been further warnings of a weakening of the UK economy, as we approach Brexit. This time the British Chambers of Commerce (BCC) predicts gross domestic product (GDP) will increase 1.3 per cent in 2018, a downgrade from its previous forecast of 1.4 per cent. It has also sliced its 2019 GDP outlook from 1.5 per cent down to 1.4 per cent. Adam Marshall, director general of the BCC said the UK faces another “extended period of weak growth”....

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