Economic growth revised down
The UK economy grew less strongly in the first quarter of 2017 than had been initially estimated.
The Office for National Statistics now estimates the economy grew 0.2%, having revised it down by 0.1 percentage points.
It attributed the change mainly "to broad-based downward revisions within the services sector".
Although the economy has now grown for 17 consecutive quarters, this is the lowest growth for a year, and significantly behind the revised estimate of 0.7% achieved in the final quarter of 2016.
Chris Williamson, ... 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...
