Jonathan Haskel says UK’s current productivity penalty is about 1.3% of GDP, due to business investment flattening out after 2016 referendum
UK mobile and broadband firms plan huge price rise for existing customers
Gentolini adds that the risks to the EC’s new economic forecast are “balanced”.
Past risks due to the pandemic and gas shortages have “ebbed significantly”, there is still very high uncertainty related to the war in Ukraine, and to geopolitical tensions.