Member Article
Business leaders in Coventry and Warwickshire say uncertainty will continue for the rest of the year after a small rise in economic growth in July.
GDP – the measure of economic output – rose by 0.2 per cent in July after a 0.6 per cent fall in June.
Corin Crane, Chief Executive of the Coventry and Warwickshire Chamber of Commerce, said: “The UK economy was expected to grow in July but the monthly fluctuations look likely to continue due to the uncertainty that remains.
“Businesses are having to respond to a variety of issues on a day-to-day basis and that is making it harder for them to plan for and deliver growth.
“The cost of doing business has risen dramatically and there are still problems around recruitment.
“We’re encouraging businesses to make sure they get in touch with the Coventry and Warwickshire Chamber of Commerce if they are in need of support during this time.
“Of course, last week’s…
