British economy contracted 2.2%, worse than expected
Business

British economy contracted 2.2%, worse than expected

UK Prime Minister Boris Johnson set for a major speech on the economy soon but the overall situation looks worse than expected. The UK economy shrank more than first thought between January and March, contracting 2.2% in the joint largest fall since 1979, official figures show. The Office for National Statistics (ONS) revised down its previous estimate of a 2% contraction, with all the main economic sectors dropping

uk economy business

Tue Jun 30 - BBC

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