It looks like the UK has bounced back from its economic slump — but it is still headed for its worst year since the financial crisis
|10/13/2018||Posted by BusinessMediaguide.Com under General World News||
- UK economy looks to have bounced back strongly from its start of the year slump over the summer.
- The strong data, however, masks the likelihood that the economy will revert back to type for the rest of the year.
- That’s according to Ruth Gregory, senior UK economist at Capital Economics.
The British economy may finally have gotten itself out of the deep rut it entered at the end of 2017, but it still looks to be headed for its worst year since the financial crisis in terms of pure economic growth.
Figures from the Office for National Statistics likely expanded 0.7% in the three read more >>>