slowdown

Anticipating a slowdown in demand as the incentives end, General Motors has laid off 360 workers in Detroit due to the slowed production of the GMC Hummer EV and Cadillac Escalade IQ.

Mr Ash added that when the price of gold surges because of investor interest, it was usually tempered by a slowdown in buying from China and India - two of the biggest markets for gold jewellery.

The uncertainty has made it difficult for workers to plan, particularly those at the lowest level, who are most affected by slowdowns.

The average price of a British home grew by 2.1% in the year to the end of last month, a slowdown from the 2.4% annual growth recorded in July, according data from lender Nationwide.

The region’s slowdown has been brutal: the twin strikes of 2023, studio belt-tightening, productions lured out of state and wildfires that shuttered work this year.