UK economy can bounce back – but don't expect boom-boom Britain | Larry Elliott

Prospects for GDP growth look positive after flat figures for the end of last year

The fact that the pound rose on the currency markets after news that the UK recorded no growth at all in the last few months of 2019 tells its own story. The economy performed badly - but not quite as badly as some had feared.

In the end, a relatively strong December meant ministers were spared the task of having to explain why national output had fallen for a second time in three quarters. But that was largely due to the boost provided by the government.

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