Amid disappointing UK growth, how can Rachel Reeves escape the doom loop?

Stronger finances require a stronger economy, but budget tax rises and spending cuts could squeeze activity further• Business live – latest updates• Economy grew by just 0.1% in third quarter amid hit from JLR cyber-attackRachel Reeves’s autumn budget is not simple: Britain’s economy is misfiring and things need turning around fast. Yet a fiscal consolidation on the scale the chancellor is expected to require could push in exactly the opposite direction.The latest figures from the economy are hardly encouraging. Growth slowed from 0.3% in the second quarter to just 0.1% in the third, driven down in part by the cyber-attack on Jaguar Land Rover. Continue reading...

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