UK Faces Looming Recession Threat Amid Falling Jobs, Demand, and Retail Sales
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UK advisory group BDO warned about looming threat of recession amid falling employment, business optimism, and output.
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Companies struggling to maintain staffing and deal with higher costs, slower demand.
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Retail sales growth below inflation for 14th straight month in September.
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Fashion retail performed poorly with -3.4% sales drop in September.
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BDO expert says more support needed for businesses to drive growth amid challenging months ahead.