UK facing 2023 recession; Oil higher after Opec+ sticks with output cuts – business live - short news
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Sunak’s government ‘going backwards’ on green economy, says CBIThe upcoming recession will probably be shallow, but will still be tough for households and businesses, predicts Alpesh Paleja, CBI Lead Economist:
“Another recession in the space of two years is tough going. A second year of high – albeit falling – inflation will hit households hard, especially those lower down the income distribution...
source: The Guardian - 05.12.2022