Economists say uk unemployment may reach an 11 year high in 2026

Paul Dales, chief UK economist at Capital Economics, said that 80 per cent of growth in 2026 will come from the public sector while “private sector activity will be weak”.

“The government has undoubtedly added to, and extended, the inflation problem with its generous public pay settlements and minimum wage increases,” says Paul Dales, chief UK economist at Capital...

“Business optimism is just non-existent, and usually that means business investment will fall,” said Paul Dales, economist at consultancy Capital Economics, adding that poor levels of investment had...