UK: Zero growth in January as economic outlook clouded by war-linked inflation threat
From news.sky.com
The UK economy grew by 0.2% in the three months to January but with zero growth that month, according to official figures, as the prospects ahead are clouded by uncertainty due to the effects of the Middle East war. Early estimates from the Office for National Statistics (ONS) pointed to better performances from industrial production and services during January, though wet weather further curbed output for construction.It marked a slight tick up for the rolling three-month figure though it has undershot expectations among some economists that growth would strengthen markedly following the end of pre-budget ...
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