London: Britain's economy is on course to shrink 0.4% next year as inflation remains high and companies put investment on hold, with gloomy implications for longer-term growth, the Confederation of Business Industry forecast on Monday. "Britain is in stagflation, with rocketing inflation, negative growth, falling productivity and business investment. Firms see potential growth opportunities, but headwinds are causing them to pause investing in 2023," CBI Director-General Tony Danker said, Reuters ...