CBI responds to Q4 GDP data
The CBI responded to the fourth quarter GDP figures from the ONS which show that the economy contracted by -0.3%.
John Cridland, CBI Director-General, said:
“After a difficult year, the UK economy has ended on a disappointing note.
“We think growth will continue to be fairly flat through the winter but momentum will gradually build later in the year, as the global economy picks up a little and confidence lifts.”