COVENTRY commerce chiefs have claimed more needs to be done to help get the UK economy growing after the latest figures showed it had ‘continued to flatline’.
The latest GDP figures released by the Office for national statistics (ONS) show there was no growth in February.
Coventry and Warwickshire Chamber of Commerce said this fell in line with forecasts that the economy would drop by 0.3 per cent across 2023.
The organisation’s head of policy, Sean Rose, said the latest figures ‘came as no surprise.’
“There are some fundamental drags on growth that are impacting businesses across all sectors, such as high energy prices, inflation and a recruitment crisis to name but a few.
“It’s vitally important these issues are tackled to allow companies across Coventry and Warwickshire to flourish.
“On top of that, we would like to see much more emphasis, support and encouragement for overseas trade as this is a massive driver for domestic, economic growth.”
