Image source, Getty Images Item information Author, Mitchell Labiak Role, Business reporter June 12, 2024 The British economy failed to grow in April after particularly wet weather put off shoppers and slowed construction. The official figures are what most economists expected and come after the fastest growth in two years from January to March, which … Read more
The British economy flattened in April, according to official figures used by government critics as evidence that the Conservatives’ announced plan is not working. The Office for National Statistics (ONS) said there was zero growth in April compared to the 0.4% recorded in March. A poll of economists from the Reuters news agency had forecast … Read more
By means of James Sillars, business reporter @SkyNewsBiz Wednesday, June 12, 2024 7:46 AM, UK The British economy flattened in April, according to early official figures that have been seized on by government critics as evidence that the plan announced by the Conservatives is not working. The Office for National Statistics (ONS) said there was … Read more
Introduction: It’s UK GDP Day Good morning, and welcome to our in-depth coverage of business, financial markets and the global economy. Rishi Sunak’s claim that “the economy has turned a corner” is about to be put to the test. New gross domestic product data, due at 7am, will show how the UK economy performed in … Read more