British economy slows sharply to 0.3% growth in Q1
British economy
London - Arab Today
Britain's economy grew far slower than expected in the first quarter
of 2015, official data showed Tuesday, delivering a blow to the government just nine
days before a general election.
Gross domestic product expanded by 0.3 percent between January and March compared
with GDP growth of 0.6 percent in the fourth quarter of 2014, the Office for
National Statistics said in a statement. Analysts' consensus had been for a slowdown
to only 0.5 percent in the first quarter, according to Bloomberg News.
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