UK economy

LONDON | UK economy to grow at weakest rate since financial crisis

LONDON (AP) — The British economy is set to grow this year by its weakest rate since the global financial crisis as uncertainties over Britain’s exit from the European Union ratchet higher, the Bank of England warned Thursday. The central bank said the U.K. economy is slowing despite a modest boost from firms stockpiling as … Continue reading LONDON | UK economy to grow at weakest rate since financial crisis

LONDON | UK economy accelerates in the 2nd quarter

LONDON  — Britain’s economy accelerated in the second quarter as warmer weather fueled construction and consumer spending after snow and ice curtailed activity in March. The Office for National Statistics said Friday that gross domestic product expanded by 0.4 percent in the three months through June compared with the previous quarter, when growth was 0.2 … Continue reading LONDON | UK economy accelerates in the 2nd quarter