Article preview: On the plus side, the British economy has avoided slipping into recession in the third quarter. However, the latest official figures show slow growth for the UK economy, with year-on-year GDP growth at its slowest in nearly a decade. For the three months to the end of September, annual growth in the UK economy was 1%, down from 1.3% in the second quarter of 2019. According to the Office for National Statistics, “Looking at the picture over the last year, growth slowed to its lowest rate in almost a decade.”
Slow growth for the UK economy
This 496-word blog post reports on the latest official economic growth figures for the third quarter of 2019. Written on 11th November 2019.
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