GDP figures show economic slow-down

Chris Williamson
Economic growth slowed in the first quarter of the year, with the UK's gross domestic product (GDP) up 0.4%. This followed a 0.6% rise in the fourth quarter of 2015, although the slowdown was expected because of difficulties in the construction sector and the uncertainty caused by the EU referendum. The 23 June vote is also forecast to have an impact on the second-quarter GDP figures. Chris Williamson, chief economist at Markit, also warned that "key indicators point to a further deterioration in the second quarter". He said: "The... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
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