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There’s a crack of light for the British economy — regardless of this week’s terrible data
05/27/2017 General World News

LONDON — On Friday, new data from the Office for National Statistics showed UK GDP growth slowing to just 0.2% in the first quarter of 2017. That was even worse than the initial 0.3% growth shown in the ONS’ first estimate — a number widely hailed as evidence that the UK’s Brexit-triggered economic slowdown is finally here.

After close to 10 months of shockingly strong growth, the numbers confirmed what economists have been predicting for a long time — that Brexit will have a materially negative impact on the British economy.

The 0.2% growth in the first quarter marks the slowest read more >>>

Source:: BusinessInsider.Com

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