GDP expanded by 0.8% in May, which was much weaker than the 1.5% forecast

Britain’s economic recovery stumbled in May when growth slowed to 0.8% after a contraction in building work and a slump in car production.

It was the fourth consecutive month of GDP growth, and followed 2% growth in April, but the slowdown in May was sharper than expected after City economists had forecast a 1.5% increase.

Continue reading…

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

England’s united nations of football: 32 teams, one World Cup – and a lot of excited kids

Young people with roots in each nation playing in Qatar show off…

The witching hour: how my opera conjures old stories through new eyes

A family connection to Salem and its dark history haunted me as…

‘We’re going to miss the community’: Elephant and Castle shopping centre closes after 55 years

Mixed feelings as icon of working-class London and Europe’s first ever large…