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General Category => General News => Topic started by: NadiaWits on February 11, 2019, 12:00:57 PM

Title: Manufacturing slump puts UK economy into reverse as Brexit looms
Post by: NadiaWits on February 11, 2019, 12:00:57 PM
Manufacturing slump puts UK economy into reverse as Brexit looms

GDP contracts by 0.4% in December in weakest year for growth since 2012The British economy plunged into reverse in December as Brexit draws nearer, with a broad-based slump in economic output completing the weakest year for growth since 2012.The Office for National Statistics said gross domestic product contracted by 0.4% in December from the previous month, fuelled by a fall in spending on the high street over the key festive shopping period. Continue reading...

Source: Manufacturing slump puts UK economy into reverse as Brexit looms (https://www.theguardian.com/business/2019/feb/11/manufacturing-slump-puts-uk-economy-into-reverse-as-brexit-looms)