UK economic recovery stalls in April with flat growth, impacting services sector due to poor weather and consumer spending.
Britain's economic recovery stalls with flat growth in April, as poor weather and consumer reluctance to spend negatively impact the services sector, according to Office for National Statistics data. The UK experienced its wettest spring since 1986, with climate change causing more extreme weather, affecting retail, construction, and tourism industries. Despite this setback, economists predict a rebound in May and GDP growth of 0.3% in the second quarter.
June 09, 2024
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