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Story summary
- Bank of America analysis shows UK corporate profits are at their lowest since 1982.
- Rising employment costs under Labour, including a £25 billion National Insurance rise, squeezed margins.
- The economy grew 0.1% in the last quarter and may stagnate after tax increases.
- Official figures show the UK has the weakest investment levels in the G7.
- Experts warn the trend could trigger a cycle of reduced profits and sluggish growth.
