The British Chambers of Commerce has announced that the UK economy is still too reliant on the public sector and that the private sector isn’t showing enough growth to sustain a growing economy, according to new data.
6,600 responses from businesses across the UK were taken into account in the survey conducted by the BCC.
The report suggested slight improvements on a similar one completed for the first 3 months of the year, but it still assessed the UK’s economic state as "fragile, particularly at a time when the government is continuing to reduce the deficit".
A suggestion made by the report was for the government to implement more strategies aimed at enabling growth in the private sector, to give such firms the ability to increase productivity and help drive the recovery quicker.
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