UK economic growth drops to weakest level in six years

The manufacturing of cars and steel products saw steep falls and construction also declined
The UK economy expanded at its slowest annual rate in six years in 2018, dragged down by a weak final quarter. Growth in the year was 1.4%, down from 1.8% in 2017 and the slowest rate since 2012, the Office for National Statistics (ONS) said. GDP fell 0.4% in December, having grown 0.2% in October and November, driven by a drop in construction, production and services output in the final month of the year. Production growth fell by 1.1% in the final quarter of 2018, while construction growth contracted by 0.3%, the first neg... You can carry on reading for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...