UK economy shrinks in March as prices rise
Rises in the cost of living are “really beginning to bite”, the UK’s statistic body says. …
We’ll take any growth we can get right now, and on the face of it 0.8% growth in the economy during the first three months of the year is good by any normal standard and better than most of the comparable G7 major economies, some of which are already contracting. It confirms full recovery from the economic losses of the pandemic, though at a slower pace compared to the rest of those G7 countries.
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