Article 4TZ96 UK avoids recession but Brexit uncertainty damages growth

UK avoids recession but Brexit uncertainty damages growth

by
Phillip Inman and Mark Sweney
from Economics | The Guardian on (#4TZ96)

GDP figures show 0.3% growth in third quarter but economy shrank in September

Britain's economy avoided a recession in the third quarter after it expanded by 0.3% but the annual pace of growth was the slowest for nearly 10 years as Brexit uncertainty depressed business activity.

Official figures showed the UK returned to growth between July and September after a dip of 0.2% in the three months to the end of June. A technical recession is defined by two successive quarters of negative growth.

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