Brexit: UK growth tipped to slow as firms run down stockpiles

Business group downgrades GDP rises and warns dwindling investment will hurt long-term economy

Economic growth in Britain is expected to slow to the lowest levels since the financial crisis as firms run down Brexit stockpiles, according to a leading business lobby group.

After a stockpiling rush this year that pumped up the rate of economic growth, the British Chambers of Commerce said growth would slow in 2020 and 2021.

Gross domestic product (GDP) is a key government statistic and provides a measure of the UK's total economic activity.