{"id":34606,"date":"2025-07-31T00:07:11","date_gmt":"2025-07-31T00:07:11","guid":{"rendered":"https:\/\/www.newsbeep.com\/uk\/34606\/"},"modified":"2025-07-31T00:07:11","modified_gmt":"2025-07-31T00:07:11","slug":"business-activity-falling-at-fastest-pace-since-pandemic-guido-fawkes","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/uk\/34606\/","title":{"rendered":"Business Activity Falling at Fastest Pace Since Pandemic \u2013 Guido Fawkes"},"content":{"rendered":"<p>        Business Activity Falling at Fastest Pace Since Pandemic    <\/p>\n<p>\t\t\t\t\tmdi-fullscreen<\/p>\n<p data-start=\"200\" data-end=\"444\">British business is heading for its worst quarter since the dark days of the pandemic in 2020, with private sector activity expected to tumble to -18% in the three months to September, <a href=\"https:\/\/www.cbi.org.uk\/media-centre\/articles\/private-sector-growth-expectations-remain-weak-cbi-growth-indicator-june-2025\/\" rel=\"nofollow noopener\" target=\"_blank\">according<\/a> to the latest numbers from the Confederation of British Industry. Don\u2019t mention the \u2018G\u2019 word\u2026<\/p>\n<p data-start=\"446\" data-end=\"620\">It comes off the back of a bruising summer, with activity already having fallen to -26% in the three months to June. Activity has broadly been falling since the \u2018growth\u2019 budget\u2026<\/p>\n<p data-start=\"446\" data-end=\"620\">Alpesh Paleja, the CBI\u2019s deputy chief economist said:<\/p>\n<p>\u201cCompanies are still grappling with higher employment costs, cautious spending behaviour on the part of households, and increasing global uncertainty. But firms will be looking for further certainty in the Autumn Budget to boost the UK\u2019s overall competitive edge.\u201d<\/p>\n<p>Meanwhile, households\u2019 total liquid assets increased by \u00a38.8 billion in June according to the Bank of England \u2013 almost double the increase recorded in May \u2013 as families stop spending amid surging prices thanks to Reeves\u2019 tax raid. The Chancer of the Exchequer can\u2019t spin this one\u2026<\/p>\n","protected":false},"excerpt":{"rendered":"Business Activity Falling at Fastest Pace Since Pandemic mdi-fullscreen British business is heading for its worst quarter since&hellip;\n","protected":false},"author":2,"featured_media":34607,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[84,1294,56,54,55],"class_list":["post-34606","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-business","tag-economy","tag-uk","tag-united-kingdom","tag-unitedkingdom"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/34606","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/comments?post=34606"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/34606\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media\/34607"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media?parent=34606"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/categories?post=34606"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/tags?post=34606"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}