Item Club warns growth and business investment may be squeezed as businesses are nervous over political uncertaintyBritains economy could suffer a huge uncertainty shock if next years general election delivers a hung parliament, a leading economic forecaster warns.The prospect of no clear winner when Britain heads to the polling booths in May is already pushing down next years growth and business investment predictions, according to the EY Item Clubs autumn forecast. It also cites the weakening eurozone economy and geopolitical tensions, including the Ukraine crisis, as threats that are making businesses nervous. … …read more
Source: The Guardian
