UK economy slowest since 2012, as Brexit and global worries weigh

Click For Larger Image & Read More
UK economy slowest since 2012, as Brexit and...
 © In-Cyprus 2019
Britain’s economy slowed sharply in late 2018, pushing full-year growth to its weakest in six years as Brexit worries hammered investment by companies and the global economic slowdown weighed on trade, official data showed on Monday.

The pace of economic growth fell to a quarterly rate of 0.2 percent between October and December from 0.6 percent in the previous quarter, in line with forecasts in a Reuters poll, while output in December alone dropped by the most since 2016.

“The UK economy lost its summer exuberance in the final months of 2018, and there...


This article was automatically added to our system 4 days ago

UK economy slowest since 2012, as Brexit and global worries weigh


The contents of this article including any associated images are © In-Cyprus 2019
Views & opinions expressed in this article are those of the author and/or In-Cyprus .

  • Click To Learn More
Advertise Here

Trending Cyprus News

  • Click To Learn More
Advertise Here

Article Tags: economy, slowest, since, brexit, global, worries, weigh,

 

24hr News