Economic news

Britain's annual growth revised down

The UK economy ended second quarter of 2017 at the lowest pace since 2013, according to fresh data from the Office for National Statistics.

GDP increased by just 1.5% annually compared to 1.8 percent rise in the first three months of the year.

After rather strong growth in 2016, UK’s economy has slowed so far this year amid weaker sterling and rising pessimism about household finances.

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