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Richard Tice: U.K. construction fell 0.7 percent as GDP trends remain weak

Richard Tice: U.K. construction fell 0.7 percent as GDP trends remain weak
U.K. GDP and construction decline

U.K. GDP data for the past three months show construction declined by 0.7 percent and production was nearly flat.

Richard Tice said Labour’s taxes, additional regulations, and rising costs are increasing the cost of living and putting pressure on real disposable incomes.

Tice has previously raised concerns about public spending related to energy policies. He claimed that Net Zero measures led NESO to spend £80 million of taxpayers' funds in two days on electricity balancing costs. In a separate case, Tice urged an investigation after an energy company paid £60 million in dividends using Welsh pension funds despite no wind farms being built.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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