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UK economy slows with fears worst is yet to come

News Team, 10/12/2021


Economic growth slowed in October, with output only growing by 0.1 percent.

This was weaker than the anticipated 0.4 percent growth. In comparison, in September the economy grew by 0.6 percent.

A breakdown of the data suggests there was a sharp drop in people going to restaurants, pubs and bars even before tougher curbs were brought in this month.

Services are continuing to grow and are above pre-pandemic levels but consumer facing services are 5.2 percent s...


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