
UK economy failed to grow in January ahead of Iran war
Analysts had been expecting 0.2% growth for the UK economy at the beginning of the year.
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Analysts had been expecting 0.2% growth for the UK economy at the beginning of the year.
New figures released by the Office for National Statistics shows that the economy flatlined in January. Your pre-Iran War growth is… zero. GDP grew by 0.1% in December and economists expected it to grow by 0.2% in January. Instead it posted 0% growth… Services showed no growth, production fell by 0.1%, and construction grew by…

The UK economy failed to grow in January in a blow to the Chancellor.

Monthly GDP figure comes as higher energy prices look likely to drive up inflation, dashing hopes of interest rate cut Business live – latest updates The UK economy entered the Middle East crisis after a weak start to the year, according to official figures showing flatlining January output before the US-Israel war on Iran hit global energy prices. Figures from the Office for National Statistics (ONS) showed zero growth in gross domestic product (GDP), down from an increase of 0.1% in December,
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