An alarming decline in UK business activity


London: For the past few months, there have been frequent news in Britain that everyone living there is realizing that the current Britain is very different from the Britain of a few years ago.

Rising inflation in the country has hit people hard with a slowdown in business activity and there are fears that the recession in the UK will accelerate further.

A foreign news agency According to the report In this regard, British economists also say that the decrease in business activities is strengthening the risk of recession in the United Kingdom.

Experts further say that economic chaos is expected to continue in the future due to the sharp increase in the inflation rate and daily strikes.

British private sector economic activity was at a two-year low in January, according to a report. Strikes and reduced consumer purchases have been blamed for the slowdown in the economy.

According to official data published earlier this month, UK economic growth picked up temporarily in November last year, reducing the prospect of output falling in the second quarter of 2022.

In this situation, industrial activity in the UK as a whole has also been significantly affected as railway workers, nurses, ambulance drivers and teachers are on the streets for a pay rise, which is expected to further increase inflation.