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12th Dec 2024 20:02UKDaily Monitor

  • Falls in business surveys driven by Budget uncertainty have been exacerbated by Mr. Trump’s tariff threats.
  • Uncertainty will persist given Mr. Trump’s election, posing downside risk to our UK growth forecasts.
  • But growth will hold up better than business surveys suggest, as they are overreacting to policy worries.

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Keywords for: 13 December 2024 UK Monitor The PMI is overreacting to policy uncertainty

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