New GDP figures show Britain’s economic growth has nearly flatlined and manufacturing production has contracted compared with the last quarter.
Today’s disappointing GDP figures were largely expected and indeed they were better than some had feared. Figures released today by the Office for National Statistics show that growth in the British economy has declined from 0.5% in Q1 of 2011 to 0.2% in Q2. Production made a poor showing in comparison to service industries, shrinking…
This content is for subscribers only. Subscribe now for free to read the full article.
Already a subscriber? Login
