August GDP data from ONS gives strong signal that UK is entering recession
Britain’s economy shrank by 0.3% in August from July, hit by weakness in manufacturing and by maintenance work that slowed the oil and gas sector, official data showed on Wednesday.
A Reuters poll of economists had pointed to zero growth in August.
August GDP data from ONS gives strong signal that UK is entering recessionBritain’s economy shrank by 0.3% in August from July, hit by weakness in manufacturing and by maintenance work that slowed the oil and gas sector, official data showed on Wednesday.A Reuters poll of economists had pointed to zero growth in August. Continue reading…