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Chancellor Nadhim Zahawi Says UK Economy Facing ‘Challenging Times’

Chancellor Says UK Economy Is Facing 'Challenging Times' As Cost Of Living Rises

Nadhim Zahawi has said the UK economy is facing “challenging times” (Alamy)

John Johnston

4 min read

Chancellor Nadhim Zahawi had said that resilience in the private sector “bodes well” for the UK economy despite new warnings of a looming recession.

On Thursday the government held a crunch meeting between ministers and energy firms, which failed to produce any fresh action for tackling soaring energy bills, which are predicted…


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