UK economy falters as deeper damage to growth to come

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The UK economy lost momentum in April, official data has revealed, as the energy price shock from the Iran war took its toll on businesses and consumers.

The Office for National Statistics said GDP declined by 0.1 per cent in April.

The services sector contracted by 0.2 per cent while manufacturing output did not post https://www.cityam.com/uk-economy-falters-as-deeper-damage-to-growth-to-come/">[...]