U.K. Economy Lags Expectations as Trade Tariffs Loom Over Future Growth
The U.K.'s economy grew only marginally in the three months through September, with prospects for a rebound uncertain as higher government spending and the threat of increased tariffs on exports to the U.S. are likely to push activity in different directions.
According to the first estimate, gross domestic product in the U.K. rose 0.1% on quarter in the period, down from 0.5% in the second quarter of this year, the country's Office for National Statistics said Friday. Economists expected 0.2% growth, according to a...
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