Responding to the latest GDP figures, muniya barua, deputy chief executive at businessldn said:
“All eyes will now be on the Chancellor’s Autumn Statement to help Britain break out of its low-growth trap. Restoring VAT-free shopping for international visitors would be a quick win with rapid payback for the Exchequer by boosting tourist numbers and spending in the capital. Making childcare more affordable and accessible for families would help more people return to the labour market. And committing long-term capital funding for Transport for London will keep the capital moving, enabling it to play its full part in the UK’s economic recovery.”