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UK economy slows to 0.2% growth

Tuesday, July 26th, 2011
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Chart showing UK GDP since 2008

Growth in the UK economy slowed in the three months to 30 June, partly because of the extra bank holiday in April.

Gross Domestic Product (GDP) grew by 0.2% in the second quarter, according to the Office for National Statistics.

It grew by 0.5% in the previous three months, but contracted by 0.5% in the last three months of 2010.

The ONS said that growth had been slowed by some one-off factors such as warm weather and the effects of the Japanese earthquake and tsunami.

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Article source : http://www.bbc.co.uk/go/rss/int/news/-/news/business-14288348
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