Britain's Office for National Statistics (ONS) said its GDP rose 0.1% in the third quarter from the previous quarter.
That's not even close to growth of 0.5% in the second quarter, but also below market expert expectations of 0.2% as surveyed by the central bank, the Bank of England (BOE) or Reuters.
Britain's economic growth was -0.1% and -0.3% in the third and fourth quarters of last year, before pulling out of a technical recession this year to 0.7% and 0.5% in the first and second quarters, respectively.
Starmer's government, which launched with growth as its top priority, launched its economic policy drive late last month with the announcement of the budget bill, but it has been hit by sluggish economic growth in its first quarter in power.
※ 'Your report becomes news'
[Kakao Talk] YTN Search and Add Channel
[Phone] 02-398-8585
[Mail] social@ytn.co.kr
[Copyright holder (c) YTN Unauthorized reproduction, redistribution and use of AI data prohibited]
International
More- Lebanon's armed group founder to be jailed for 40 years in France on parole
- "Putin Calls German Chancellor Scholz After 2 Years"
- Iran's Supreme Leader Adviser Visits Lebanon...unwavering commitment to support Lebanon
- San Francisco's landmark cable car is on the verge of abolition due to financial difficulties.