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Flatlining UK economy blamed on Brexit and global slowdown

Flatlining UK economy blamed on Brexit and global slowdown
Tuesday 10
12:0 2019

Falls in manufacturing and construction contributed to no growth being recorded Brexit uncertainty and the global slowdown are being blamed for blighting growth, as the UK economy was stagnating in the last official check before the election. Falls in manufacturing and construction contributed to gross domestic product (GDP) flatlining in the three months to October. This compared to the 0.3% growth recorded in the period to September, which saw Britain narrowly avoid falling into recession. The economy also showed no change in monthly terms. The latest figures, which cover the period leading up to the Halloween Brexit deadline - subsequently ...

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Read more from Sky News : Flatlining UK economy blamed on Brexit and global slowdown
Sky News : Flatlining UK economy blamed on Brexit and global slowdown

Summary: Brexit uncertainty and the global slowdown are being blamed for blighting growth, as the UK economy was stagnating in the last official check before the election.

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