Economic growth (GDP)

UK economy ‘stronger than expected’ in February thanks to Brexit stockpiling – business live | Business – Business Article

“Despite ongoing uncertainty over Brexit, the UK economy held up relatively well in February, with GDP growth of 0.2% compared to January. Services continued to grow at a moderate pace, while manufacturing output seems to have been boosted to some degree by pre-Brexit stockpiling since January. The underlying trend over the past three months has been for GDP growth at an annualised rate of just over 1%. This is below trend and well down on the buoyant growth rates seen…

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Shoppers avoiding big buys due to Brexit uncertainty – retailers | Business – Business Article

Britain’s retailers have warned that Brexit uncertainty is holding consumers back from making bigger purchases, after a disappointing month for sales in March. The British Retail Consortium (BRC) and the accountancy firm KPMG said sales growth dropped to 0.5% in the year to March, down from an annual growth of 2.3% a year ago, as consumers held back from spending on big-ticket items. The BRC said the timing of Easter, on 21 April this year after falling on 1 April…

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