Firms Halt Hiring, Delay Investment
This is a UK news story, published by BBC UK, that relates primarily to Keith Anderson news.
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economic growthBBC UK
•Firms 'pausing' hiring and investing ahead of Budget
81% Informative
Businesses are putting off investment decisions amid speculation of tax rises in the Budget .
The CBI says some firms have paused hiring and investment decisions.
Government will set out its tax and spending policies in Budget on 30 October .
New figures show the UK economy returned to growth in August , expanding by 0.2% .
Keith Anderson , chief executive of Scottish Power , said the cash would be used to expand the UK 's electricity grid.
He said the main thing the company had asked for the government was to speed up the planning process in order to complete projects faster.
The government plans to almost entirely replace fossil fuels with clean and renewable energy by 2030 .
Critics claim it is not achievable and will send bills higher.
VR Score
88
Informative language
90
Neutral language
60
Article tone
formal
Language
English
Language complexity
58
Offensive language
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Hate speech
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Attention-grabbing headline
not detected
Known propaganda techniques
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Time-value
short-lived
External references
1
Source diversity
1
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